FOR IMMEDIATE RELEASE
November 7, 2025

Proposed Initiative Enters Circulation: Repeals Voter-Enacted Changes to Property Tax Rules for Transfers Between Family Members. Initiative Constitutional Amendment.

Sacramento, Calif. – California Secretary of State Shirley N. Weber, Ph.D., announced that the proponent of a new initiative was cleared to begin collecting petition signatures on November 6, 2025.

The Attorney General prepares the legal title and summary that is required to appear on initiative petitions. When the official language is complete, the Attorney General forwards it to the proponent(s) and to the Secretary of State, and the initiative may be circulated for signatures. The Secretary of State then provides a calendar of deadlines to the proponent(s) and to county elections officials. The Attorney General’s official title and summary for the measure is as follows:

REPEALS VOTER-ENACTED CHANGES TO PROPERTY TAX RULES FOR TRANSFERS BETWEEN FAMILY MEMBERS. INITIATIVE CONSTITUTIONAL AMENDMENT. Reinstates property tax reassessment exemptions for certain real property transfers between family members (including by inheritance), which voters eliminated through Proposition 19 in 2020, reducing local property tax revenues and eliminating funding source for Proposition 19’s California Fire Response Fund. Allows transfers to children (or grandchildren if parents are deceased) without property tax reassessment of: (1) principal residence, regardless of its current value or continued use as principal residence; and (2) $1 million in other real property. Properties assessed under Proposition 19 may be reassessed under reinstated rules. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Some owners of inherited properties would pay lower property taxes. This would reduce revenue for local governments and schools by around $1 billion per year in the first few years. These losses would grow over time, reaching around $2 billion annually. (25-0017)

The Secretary of State’s tracking number for this measure is 1994 and the Attorney General's tracking number is 25-0017.

The proponent of the measure, Gina Tse-Louie, must collect signatures of 874,641 registered voters (eight percent of the total votes cast for governor in the November 2022 general election) in order for the measure to become eligible for the ballot. The proponent has 180 days to circulate petitions for the measure, meaning the signatures must be submitted to county elections officials no later than May 5, 2026. The address for the proponent is 7031 Mission Street, Daly City, CA 94014. The proponent may also be contacted at ForCalifornians@gmail.com and (628) 243-1808.

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