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WebUnder Proposition 13, property is assessed for tax purposes at the purchase price, and the assessed value cannot be raised more than two percent per year unless there is a change of ownership or new construction. But what constitutes “new construction” and how much will the taxes go up? Under California property tax law, “new construction” is: WebProposition 13 established the concepts of a base year value for property tax assessments, and limitations on the tax rate and assessment increase for real property. Passed by … WebJul 3, 2024 · As a result of Prop 213, California law now restricts damages for injured car owners and drivers in three situations: 1) where the driver themselves is convicted of DUI; 2) where the driver owns the vehicle and does not have the state minimum liability insurance at the time of the accident; and 3) when injury is sustained while committing a crime … forehead tattoo meaning