Page 11 - November 2018
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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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