Prop 5

Home Value to Change for Owners 55 Plus

Would allow homeowners over the age of 55 to move anywhere in the state without having to pay a new tax rate on their new homes.

Financial Impact

Schools and local governments each would lose between $100 million - $1 billion every year.

Yes

A YES vote gives all homeowners who are over age 55 property tax savings when they move to a different home.

No

A NO vote would give certain homeowners who are over 55 property tax savings when they move to a different home.