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Board urges state to close Proposition 13 commercial property‑tax loophole; educators, students press case
Summary
The Board of Supervisors adopted a resolution urging the California Legislature to close a loophole in Proposition 13 that allows many commercial properties to avoid reassessment on change of ownership; the meeting drew dozens of public speakers including teachers, students and advocates.
The San Francisco Board of Supervisors on Tuesday adopted a resolution urging the state legislature to close a commercial property‑tax loophole in Proposition 13, a change the board and dozens of public speakers said would restore revenue for public schools and local services.
Supervisor Cohen, who introduced the resolution, said closing the commercial loophole could generate "over…
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