My Referrals on Prop 13 Reform and Measure AA Passed (5/10)
I had two referrals on the agenda. The first was a proposal from a group called Evolve to reform the commercial exemption from Proposition 13. Proposition 13 was designed to protect elderly people on a fixed income whose property values were increasing radically. While that’s nice, it does mean that your property taxes also raise radically. For people on a fixed income, this is quite a burden. Of course, I think Propostion 13 was a good measure as it does cap the amount that ones property tax can rise.
But there was no reason for this measure to cover commercial property as well. Commercial changes ownership less rarely than residential property, especially when owners see that changing owners could greatly increase their taxes. The application of Proposition 13 to commercial property should have never been done and needs to be reversed.
The second referral was to have our City Council formally endorse Measure AA. This is a $12 parcel tax that will raise money for San Francisco Bay restoration. This measure has been endorsed by the Governor, Lieutenant Governor, environmental groups, and many others. As a member of the SF Bay Restoration Authority is overseeing this measure, I will undoubtedbly be promoting this more before the June election.