Search
 

Split Roll Tax, Devastating Setback to CA

SACRAMENTO-It would commercial property at higher rates than residential, reassess commercial property more frequently and allow new real estate taxes to be approved by only 55% of voters instead of the currently required two-thirds, says a source in this EXCLUSIVE Q&A.

By Natalie Dolce | Updated on August 02, 2013

SACRAMENTO-There is a growing movement among some Sacramento legislators to raise new revenues by increasing the property taxes on commercial real estate owners. This is the Split Roll Tax. Split roll is the term for any attempt to pull commercial real estate out from under the protections of Proposition 13. If enacted, this aggressive tax increase would have a devastating impact on California’s economy.

According to a recent Pepperdine University study, a split roll tax would increase property taxes on businesses by an estimated $6 billion annually. NAIOP SoCal, as part of its commitment to be the voice of commercial real estate development in Southern California, has made this issue a legislative action priority due to its potentially devastating consequences for the commercial real estate industry and our local economy.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.