Page 11 - November 2018
P. 11

ISSUES REGARDING THE LAW

          by Margaret Heine
         ALL ABOUT THE MONEY               property transfer between parents and  Watershed, Fish, Wildlife,                            Proposition 10:
         It’s Our Money—November           children or grandchildren to a one million  Water Conveyance, and                           Expands Local
       Propositions                        dollar cap plus base value.  Any value over  Groundwater Sustainability                     Governments’
         Before all of the television ads,  that amount would be taxable to the  and Storage. Initiative                               Authority to Enact
       newspaper onslaught, and thousands  inheriting children or grandchildren.  It  Statute.                                         Rent Control on
       of unread mailers, it’s time to look at  also sets forth that the exchange of a  Proposition 4:  Authorizes                     Residential Property.
       the propositions and initiatives that  principal residence must be for a principal  Bonds Funding                               Initiative Statute.
       will be on the November ballot.     residence which is wholly occupied by the  Construction at Hospitals                          Proposition 11:
         There are several propositions and  person. So, you could not exchange the  Providing Children’s                              Requires Private-
       other initiatives that may have a   property tax valuation of your single  Health Care. Initiative                              Sector Emergency
       significant impact on what we pay for  family residence into a duplex or triplex,  Statute.                    Ambulance Employees to Remain On-Call
       property taxes, estate taxes, and food  only the actual dwelling which you reside.  Proposition 5:  Changes Requirements  During Work Breaks. Eliminates Certain
       in our state.                         Proposition 7 (AB807) allows the state to  for Certain Property Owners to Transfer  Employer Liability. Initiative Statute.
         Do you remember the costs of eggs  revoke the use Daylight Savings Time and  their Property Tax Base to Replacement  Proposition 12:  Establishes New
       going sky high?  The cost of eggs   to simply use Pacific Standard Time on a  Property. Initiative Constitutional  Standards for Confinement of Specified
       quadrupled overnight it seemed.     year round basis.  Most reports concur that  Amendment and Statute.        Farm Animals; Bans Sale of
       There is another initiative that will  revoking Daylight Savings Time and   Proposition 6:  Eliminates Certain Road  Noncomplying Products. Initiative Statute.
       affect the price of veal, pork, eggs of  making California out of sync with all  Repair and Transportation Funding.   It’s never too early to be
       all types—whether in the shell or   states except Arizona and Hawaii would be  Requires Certain Fuel Taxes and Vehicle  informed.  Reading just a snippet does not
       liquid eggs.                        costly and not provide any benefit to  Fees be Approved by The Electorate.  always convey the intent of the measure.
         Proposition 12 in conjunction with  California.  Voter approval is necessary to  Initiative Constitutional Amendment.  Additional information can be found at
       Initiative 17-0042, sets space standards  make the proposed changes.        Proposition 7:  Conforms California  the websites of the Secretary of State and
       in which cattle, pigs, and chickens can  A full list of the ballot propositions for  Daylight Saving Time to Federal Law.  the Office of the Attorney General.
       be raised.  This proposition makes all  November as of this date according to the  Allows Legislature to Change Daylight  Margaret A.M. Heine is the principle counsel
       farms and owners of the livestock   Secretary of State’s elections page are:  Saving Time Period. Legislative Statute.   at Heine Law Group in Fullerton, California.
       identified responsible to give the    Proposition 1:  Authorizes Bonds to Fund  Proposition 8:  Regulates Amounts  She is licensed in California and Washington,
       animals what the proponents deem an  Specified Housing Assistance Programs.  Outpatient Kidney Dialysis Clinics  and has authority to practice before the
       adequate amount of unimpeded space  Legislative Statute.                  Charge for Dialysis Treatment. Initiative  Supreme Court of the United States and the
                                                                                                                       United States Court of International Trade.
       during their lifetimes.  The cost to the   Proposition 2:  Authorizes Bonds to Fund  Statute.                   Her practice includes estate planning, wills,
       state is estimated to be over 10 million  Existing Housing Program for Individuals  Proposition 9:  On July 18, 2018,  trusts, and probate as well as business, real
       dollars annually in enforcement costs,  with Mental Illness. Legislative Statute.    Proposition 9 was removed from the  estate, and civil litigation.  Email:
       a reduction of millions of dollars of  Proposition 3:  Authorizes Bonds to Fund  ballot by  order of the California Supreme  nbylegas@gmail.com or visit company website
       sales tax for the unavailability of the  Projects for Water Supply and Quality,  Court. (PDF)                   www.margaretamheine.com
       foods affected by the proposition, and
       an untold cost on consumers due to the
       increased price of veal, pork, chicken
       and egg products.  If any food product
       identified in the proposition is found
       to have been grown in an infringing
       environment, then the seller/grower,
       will be fined.
         Presently, California follows the
       Federal IRC exemptions for estate
       taxes.  Estates under $5.6 million
       dollars are exempt from the payment
       of estate and gift tax. Under Initiative
       17-0038, that would change.  The
       initiative aims to collect a tax on all
       estates valued over $3.5 million
       dollars ranging from 12-22%, to
       specifically fund funding at California
       Public Colleges and Universities.
       Keep in mind, these monies were
       already taxed as income at some point
       generally.  So, it becomes a double
       taxation just simply because they want
       more money available to the
       Universities and Colleges.
         Initiative 18-0006 (Proposition 5),
       sets forth that Proposition 13 shall be                                                  Disclaimer: The views of CARA are for information only and not
       restricted to only protect a real                                                        necessarily supported by Not Born Yesterday! staff or columnists.

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