The mayor of California's largest and most populous city has officially embraced a proposed state ballot measure that would repeal a portion of the state's landmark Proposition 13 by taxing most commercial properties at their market-rate value.
Los Angeles Mayor Endorses Push to Repeal California Property Tax Limits on Businesses
Proponents Say Change to Historic Proposition 13 Protects Some Commercial Property Users
CoStar News
November 12, 2019 | 3:12 P.M.
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