BILL ANALYSIS                                                                                                                                                                                                    �




                     SENATE GOVERNANCE & FINANCE COMMITTEE
                            Senator Lois Wolk, Chair
          

          BILL NO:  SCR 25                      HEARING:  5/15/13
          AUTHOR:  Wyland                       FISCAL:  No
          VERSION:  5/7/13                      TAX LEVY: No
          CONSULTANT:  Grinnell                 

                       35th ANNIVERSARY OF PROPOSITION 13
          

              Commemorates the 35th Anniversary of Proposition 13.


                           Background and Existing Law  

          Prior to Proposition 13 (1978), the Legislature could  
          generally enact new taxes or increase existing taxes by  
          majority vote, and local agencies could enact taxes by  
          ordinance.  Proposition 13 instead required that any  
          changes in state taxes for the purpose of increasing  
          revenues to receive approval by 2/3 vote of both houses of  
          the Legislature prior to enactment, and additionally  
          compelled a two-thirds vote of the electorate to enact a  
          local special tax.   

          Cities, counties, and special districts set property tax  
          rates on property within its jurisdiction without an  
          aggregate cap before Proposition 13.  State law required  
          assessors to revalue property annually; however, in  
          practice, assessors usually reassessed all the homes in one  
          neighborhood every three to five years.   Local agencies  
          received property tax revenue resulting from the  
          appropriate property tax rate fixed by the local agency.   
          Proposition 13 limited the maximum amount of any ad valorem  
          tax on real property at 1% of full cash value as shown on  
          the 1975-76 tax bill.  Assessors reappraise property  
          whenever purchased, newly constructed, or ownership  
          changes.  The Constitution caps the growth in assessed  
          value to 2% per year.  Additionally, Proposition 13  
          provides that the Legislature allocates property tax  
          revenue "according to law


                                   Proposed Law  

          Senate Concurrent Resolution 25 commemorates the 35th  





          SCR 25  -- 5/7/13 -- PageB

          anniversary of Proposition 13.  The measure contains  
          several statements regarding property tax rates, assessment  
          practices, taxpayer benefits, as well as taxpayer support  
          for Proposition 13 and potential changes and alternatives.   
          The SCR states the Legislature's reaffirmation of its  
          support for Proposition 13 and the benefit it provides to  
          individual homeowners and the state's overall economy.


                               State Revenue Impact
           
          No estimate.


                                     Comments  

          1.   Purpose of the bill  .  According to the author, "Senate  
          Concurrent Resolution would commemorate June 6, 2013, as  
          the 35th Anniversary of Proposition 13.
          In 1978, 62% of Californians voted in support of  
          Proposition 13.  Thousands of signatures were gathered  
          across the state to place Proposition 13 on the 1978  
          ballot.  With an influx of new homeowners in California in  
          the 1970's combined with rising home prices and high  
          amounts of inflation, many homeowners saw their property  
          tax rates increase to unaffordable levels.  The  
          unpredictable nature of these higher taxes and their impact  
          on residents, especially those with fixed incomes, was  
          unacceptable to California voters.  By passing Proposition  
          13, voters guaranteed predictability for property tax rates  
          for homeowners, while allowing for gradual increases in  
          property taxes annually."

          2.   Yes, but  .  Proposition 13 may be the most significant  
          initiative ever enacted by California's voters: its changes  
          irreversibly reshaped fundamental aspects of California  
          governance and public finance.  However, SCR 25 celebrates  
          the initiative from a specific point-of-view, and includes  
          adjectives, phrases, and causal connections that may not  
          reflect the views of the entire Legislature, including a  
          statement of the Legislature's support for the initiative.   
          Should the Committee wish to amend SCR 25 to celebrate the  
          initiative's more complicated history as described below,  
          it can amend it by deleting some of its terms and passages:
                   While inflation and property tax bills increased  
                prior to Proposition 13's enactment, are the  
                adjectives "raging" and "soaring," respectively,  






          SCR 25  -- 5/7/13 -- PageC

                accurate?
                   The pre-Proposition 13 method of periodic  
                assessment of real property is in place in more  
                jurisdictions than California's current acquisition  
                price base.  However, the measure connects this  
                method of assessment with the assessor scandals of  
                the 60s and 70s, which were caused by corrupt  
                assessors, not by an assessment methodology.   
                Additionally, Los Angeles County Assessor John Noguez  
                is currently charged with 30 counts regarding  
                valuations made under the current, Proposition 13  
                method.
                   The measure states that proposed alternatives to  
                Proposition 13 have "unwelcome effects," including  
                "substantial tax increases for low-income and elderly  
                homeowners,"  What alternatives were these, and did  
                they target low-income persons and the elderly  
                specifically?
                   SCR 25 also cites the defeat of Proposition 167  
                as an indication of a lack of favor of today's voters  
                for a split-roll.  Can the results from an initiative  
                election more than 20 years ago be correctly  
                extrapolated to today's electorate, given the state's  
                demographic and political change during that time?
                   The resolution reaffirms the Legislature's  
                support for the measure, and its benefit to  
                homeowners and the state's economy.  While homeowners  
                have certainly benefitted from Proposition 13, no  
                empirical data shows that it produced a net benefit  
                for the state's economy.  Given the initiative's more  
                nuanced and complicated effects described below,  
                should the Legislature instead recognize the  
                anniversary of the initiative's enactment, and its  
                significance and effect on California's system of  
                governance and public finance without declaring its  
                support or characterizing it as a benefit to the  
                economy? 

          3.   The rest of the story  .  Enacted over 30 years ago,  
          Proposition 13 remains controversial today.  California  
          property owners pay less property tax, and enjoy the  
          additional benefits of increased certainty due to the  
          initiative's limitations on assessed value growth and  
          reassessments had the initiative not been enacted.   
          Additionally, the initiative placed voting thresholds on  
          the Legislature and local agencies seeking to raise taxes  
          where none existed before, likely contributing to a lower  






          SCR 25  -- 5/7/13 -- PageD

          tax burden for Californians.  However, enacting Proposition  
          13 did not occur without tradeoffs.  Economists and  
          academics researched the measure's legacy copiously, and  
          their findings include: that the initiative shifted the  
          burden of financing public services from property taxes  
          onto other revenue streams, with undesirable consequences;  
          transferred property tax allocation powers to the state;  
          and created considerable distortions and inequities in the  
          housing market.  

          Proposition 13 reduced public revenues initially, however,  
          the state ameliorated much of the revenue loss, and local  
          agencies found other ways to finance public services.   
          Proposition 13 resulted in a property tax revenue loss of  
          51% percent in the first year after enactment, but the  
          state assumed health and human services programs from the  
          counties, shifted property taxes from schools to local  
          agencies, and provided a $2.7 billion bailout to local  
          agencies in 1978.  Local agencies took other steps, such as  
          relying more on sales taxes, and increasing fees and  
          charges, which did not for the most part require voter  
          approval until Proposition 218 (1996), thereby shifting the  
          burden of financing public services away from property  
          taxes.   Sometimes, costs were aligned with services; for  
          example, housing developers now pay significant fees for  
          infrastructure, permitting, and environmental review, which  
          they attempt to pass on to homebuyers.  Other fees did not  
          bear such a relationship, such as the 48% increase in  
          revenues from library fines, garbage collection fees, and  
          sewer charges between 1979 and 1983.  Local agencies often  
          became more entrepreneurial, using redevelopment until  
          recently to capture property tax increments, making  
          land-use decisions based on sales tax revenue consequences  
          instead of sound land use practices, and offering economic  
          incentives to businesses that generate significant sales  
          tax revenue to locate in its jurisdiction, such as big-box  
          stores and auto dealerships.<1> 

          The initiative also fundamentally changed California's  
          state-local fiscal relationship.  Proposition 13 required  
          that property tax revenues be allocated "according to law,"  
          meaning that the Legislature would determine how property  
          tax revenues would be allocated among local agencies in a  
          -------------------------
           <1>
           Chapman, Jeffrey; "Proposition 13: Some Unintended  
          Consequences," Public Policy Institute of California,  
          September, 1998





          SCR 25  -- 5/7/13 -- PageE

          county levying a property tax; previously, each local  
          jurisdiction set the property tax rate within its  
          jurisdiction.  The Legislature decided to freeze current  
          allocations within a county, locking in each agency's share  
          of the property tax regardless of future changes in  
          demographics or service demand (AB 8, Greene, 1979); these  
          allocation shares have been locked in for the last  
          thirty-five years.  Proposition 13 also laid the foundation  
          for the Legislature to shift property tax revenues from  
          local agencies to schools in 1992-93, 1993-94, 2004-05, and  
          2005-06 to meet the state's public education spending  
          obligations under Proposition 98 (1998).   

          While it reduced total taxes, Proposition 13 caused  
          distortive and inequitable tax consequences for California  
          taxpayers.  Under Proposition 13, the date a taxpayer  
          purchased a property sets a taxpayer's property tax more so  
          than its actual market value by locking in a property's  
          assessed valuation from the 1975-76 fiscal year until  
          ownership changes or the property is newly constructed.   
          Property owners have a significant incentive not to move  
          residences, because a new home's purchase price determines  
          its property taxes, which could exceed the taxes determined  
          by the original property's factored base year value.  While  
          Propositions 60 (1988) and 90 (1990) allow disabled  
          taxpayers or those over the age of 55 to transfer base year  
          values to properties of equal or lesser value than the  
          original property, locking in the base year leads taxpayers  
          to make different decisions on housing to due to tax  
          implications, distorting the function of a normal market.   
          Additionally, locking in assessed valuations and limiting  
          growth caused taxpayers owning identical homes on the same  
          street to pay vastly different property tax amounts; newer  
          homebuyers bear a proportionally larger share of the burden  
          for financing public services than longer term residents.  

          4.    On subsidiarity  .Proposition 13 is often regarded as a  
          critical change in tax policy, however, by shifting control  
          of property tax allocation from local agencies to the  
          state, and limiting local revenue raising ability, the  
          initiative and changes that followed fundamentally altered  
          the relationship between citizens and their government,  
          empowering the state to the detriment local agencies.   
          Before Proposition 13, local agencies exercised "home rule"  
          powers over its revenue sources: local taxes paid for local  
          services, with some state intrusions, and voters chose  
          their priorities when selecting officials to lead these  






          SCR 25  -- 5/7/13 -- PageF

          local agencies; local elected officials set taxes, and  
          voters held officials accountable at the next election.   
          Today, local agencies have little flexibility to raise  
          revenues due to the initiative's limitation on property tax  
          rates and the 2/3 vote threshold for enacting new or higher  
          special taxes.  Researchers state that Proposition 13 and  
          subsequent legislative action severely undercut local home  
          rule powers by establishing a fiduciary relationship on the  
          part of the state toward local agencies.<2>   Counties  
          particularly are reliant on state funding and must  
          implement state programs as legal subdivisions of the  
          state.  Researchers add that any policy discussions between  
          state and local agencies have deteriorated as a result,  
          describing the fiscal relationship that evolved between  
          state and local agencies as "a zero-sum political  
          atmosphere in which fiscal considerations dominate  
          intergovernmental policymaking."<3>

          5.   On the other hand  .  The Committee will hear five other  
          measures at its May 15th, 2013 hearing that change the vote  
          threshold for special taxes enacted by Proposition 13:
                 SCA 3 (Leno) - allows school districts, community  
               college districts, and county office of education to  
               levy parcel taxes at 55% vote.
                 SCA 4 (Liu) - allows local agencies to levy,  
               extend, or increase special taxes at 55% vote for  
               local transportation projects.
                 SCA 7 (Wolk) - lowers the vote threshold for bonded  
               indebtedness incurred to construct, reconstruct,  
               rehabilitate, or replace public libraries; allows  
               local agencies to levy, extend, or increase special  
               taxes at 55% vote to fund public libraries.
                 SCA 8 (Corbett) - allows local agencies to levy,  
               extend, or increase special taxes at 55% vote for  
               local transportation projects.
                 SCA 9 (Corbett) - allows local agencies to levy,  
               extend, or increase special taxes at 55% vote for  
               community and economic development projects.
                 SCA 11 (Hancock) - allows local agencies to levy,  
               extend, or increase special taxes at 55% vote for any  
               purpose.


          -------------------------
          <2> Barbour, Elisa, "State-Local Fiscal Conflicts in  
          California: From Proposition 13 to Proposition 1A," Public  
          Policy Institute of California, December, 2007
          <3> Ibid.





          SCR 25  -- 5/7/13 -- PageG

                        Support and Opposition  (05/09/13)

           Support  :  None received.

           Opposition :  None  
          received.