Split Roll Would Harm California
Californians should be aware of a legislative attack on Proposition 13 known as “split roll.”
Prop 13, of course, is the landmark law that protects home and business owners from out-of-control property taxes. Prop 13 has worked well since voters approved it in 1978, but that hasn’t stopped some interest groups and politicians from trying to unravel it.
These folks believe government doesn’t collect enough money and think it’s a good idea to raise taxes on commercial property owners. Hence the name “split roll”; the idea is to treat commercial and residential property differently on tax rolls.
The latest version of this bad idea is embodied in Senate Constitutional Amendment 5, authored by Senators Loni Hancock (D – Oakland) and Holly Mitchell (D – Culver City). Proponents recently called off an effort to qualify a ballot measure this year, but they will try again in the future.
While “split roll” sounds like something pleasant you’d order from a local restaurant, in reality it’s a clever piece of class warfare draped in populism. If split roll were to pass, it would do a great deal of harm to California. Removing Prop 13… Read More