On November 3, 2020, California’s Proposition 19 (Prop 19) passed by a slim majority. This constitutional amendment makes two major changes to California’s property tax system:

1. Allows homeowners who are over 55, severely disabled, or victims of natural disasters or hazardous waste contamination to purchase a new home anywhere in California and retain their prior home’s assessment three times during their lifetime, and
2. Limits the applicability of the parent-child and grandparent-grandchild exclusions to properties that will be used as the recipient’s primary residence and to transfers of family farms.