Proposition 19: Property Tax Transfers

Bay Curious

KQED

History, Society & Culture, Places & Travel

4.9 • 999 Ratings

🗓️ 8 October 2020

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Proposition 19 would allow adults 55+, people living with severe disabilities, and victims of natural disasters to transfer their property tax assessment to another home. It would also close the so-called "Lebowski" loophole ... requiring people who inherit property to pay market rate tax assessment if they do not make the home their primary residence. This episode is part of our Bay Curious Prop Fest series, which explores the 12 propositions on California's ballot. The series runs from Oct. 1-16, with new episodes dropping every. weekday. Additional Reading: Episode transcript: https://www.kqed.org/news/11841414 Prop Fest Homepage: https://www.kqed.org/propfest KQED Election Coverage: https://www.kqed.org/elections Reported by Joe Fitzgerald Rodriguez. Bay Curious is made by Olivia Allen-Price, Katrina Schwartz, Katie McMurran and Rob Speight. Additional support from Erika Aguilar, Jessica Placzek, Kyana Moghadam, Paul Lancour, Bianca Hernandez, Ethan Lindsey, Vinnee Tong and Michelle Wiley.

Transcript

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0:00.0	From K-QED. It's Bay curious Prop Fest. I'm Olivia Allen Price.
0:07.0	Would it even be election season in California if we weren't voting on property taxes? Today we'll look at
0:15.1	Proposition 19 which would allow some homeowners to take low property tax
0:20.1	assessments with them when they buy a new home.
0:23.0	I'll warn you now, this one is a bit of a doozy.
0:26.0	There are winners and losers, the Big Lebowski factors in at one point.
0:31.0	So roll up your sleeves with us. We're getting in to the nitty gritty
0:35.1	on Proposition 19. Property tax transfer.
0:38.7	Support for Bay Curious is brought to you by Sierra Nevada Brewing Company, still family owned, operated, and argued over.
0:48.0	Explore their brews wherever fine beverages are sold and taste how trailblazing runs in the family.
0:54.4	Visit Sierra Nevada.com to find your new favorite beer today.
0:58.8	We're going to kick off our deep dive into Proposition 19 by taking a trip with
1:05.0	KQEDs Scott Schaefer. So let's start at the beginning if you don't
1:08.7	first of all tell me your name and a little bit about yourself. Oh God.
1:12.1	Kenneth Wilkins is a long time And a little bit about yourself. Oh, God.
1:13.1	Kenneth Wilkins is a long time resident of North Oakland.
1:17.2	Just spell your name for me.
1:18.6	Kenneth.
1:19.7	K-E-N-N-E-N-E.
1:21.0	He's been there.
1:22.0	He was born, basically, in the area. So you moved here and you say 86?
1:26.0	1976? It's a beautiful neighborhood. It's a very quiet tree-lined streets, mostly single-family homes, a few larger apartment buildings.
	...

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