Construction
Jun. 11, 2010
Voters Approve Cut to Temblor Retrofit Taxes
California voters Tuesday overwhelmingly passed Proposition 13, which bans tax increases for earthquake retrofitting.
Daily Journal Staff Writer
California voters Tuesday overwhelmingly passed the Proposition 13, a measure experts expect to trigger increased earthquake retrofitting projects and an uptick in construction jobs.
The measure, approved by 85 percent of voters, changes tax assessment law to bar officials from adjusting values on properties undergoing seismic retrofit construction. Significant construction impr...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In