SDCTA opposes the "Protect Homeowners and Close Corporate Tax Loopholes Act"

Proponents of the proposed split-roll amendment claim that a loophole, allowing corporations to avoid reassessment, has shifted the tax burden to homeowners. Their intent, is to combat the shift in tax burden by doubling the homeowner's property tax exemption and reassessing commercial property back to market rate every three years. With assessed residential and non-residential property values increasing at nearly an identical rate since the passage of Proposition 13, there is no reason to conclude that a significant shift has or is taking place.

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Rosey Williams