California Property Tax Laws and Regulations
Proposition 13 passed in 1978, limits the property tax rate to 1% of assessed value plus amounts required to repay any assessment bonds approved by the voters. Annual increases to the assessed value are limited to the inflation rate or 2%, whichever is less. There have been numerous propositions refining the details of Proposition 13.
|Proposition 13||Set the maximum general property tax rate at 1%, limited increases to the lesser of the inflations rate or 2%|
|Proposition 3||Transfer assessed value when property taken by eminent domain proceedings or condemnation|
|Proposition 8||Allows a reduction in assessed value due to a decline in value|
|Proposition 58||Exclusion for transfers between parents and children|
|Proposition 60||Senior citizen's replacement dwelling|
|Proposition 90||Senior citizen's replacement dwelling|
|Proposition 110||Exclusion for disabled residents|
|Proposition 193||Exclusion for transfers form grandparents to grandchildren|
Proposition 8: If the tax assessment is reduced because of a decline in value, the property assessment can climb as quickly as the assessed value in the future until it reaches the Proposition 13 value.
Proposition 60: This applies to transfers withing one county.
Proposition 90: This applies to transfers between two different counties, both of which must have ordinances allowing the transfer.
Proposition 110: If a person has transfered their tax assessment based on age they may later do a second transfer based on disability. If a transfer has been done based on disability, age can not be used as the basis for a later transfer.
Please see the California State Board of Equalization website at http://www.boe.ca.gov/lawguides/property/current/ptlg/rule/property-tax-rules.html
Santa Clara County Property Taxes
The property tax for a home in Santa Clara County can be estimated by multiplying the purchase price by 1.25%. The property tax is 1% but there are typically 0.25% special assessments added.
To find which special assessments a property is currently subject to, go to:
Find the property you are interested in, then click the link under the column heading APN Suffix.
Santa Clara County publishes the special assessment tax rates at:
An updated list of special assessment districts for 2017-2018 is at
San Mateo County Property Taxes
One of the best summaries about San Mateo County property tax programs is at