Prop 13 California 2024 Explained. Its most recent major challenge came in 2020 with proposition 15, which. It caps annual increases in assessed value, an essential aspect of property valuation, to 2% or the rate of inflation, whichever is.
In california, voters will see 10 different statewide propositions. Here is a list of all the propositions that have qualified for the 2024 ballot.