BY DANIEL J. VILLALPANDO
Recently, Assemblywoman Loni Hancock introduced a split-roll property tax measure that could affect developers and owners of commercial property by calling for annual reassessments of real property located in the state.
The measure, ACA16, would amend the state constitution to require that the full cash value of all commercial property in California be the fair market value of the property as of the 2005-06 fiscal year. Thereafter, ...
Recently, Assemblywoman Loni Hancock introduced a split-roll property tax measure that could affect developers and owners of commercial property by calling for annual reassessments of real property located in the state.
The measure, ACA16, would amend the state constitution to require that the full cash value of all commercial property in California be the fair market value of the property as of the 2005-06 fiscal year. Thereafter, ...
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