Save Prop 13
WE CAN STOP REAL ESTATE TRANSFER TAXES WITH THE LOCAL TAXPAYER PROTECTION ACT.
Special interest groups are pushing cities across California to significantly increase real estate transfer taxes – in other words, a sales tax on the price of a home or other property – to bolster municipal budgets. Excessive transfer taxes are damaging real estate markets. Some of the worst examples include San Francisco (6.0%), Los Angeles (5.5%), Santa Monica (5.6%), and Culver City (4.0%).
The Local Taxpayer Protection Act (LTPA), a proposed constitutional amendment collecting signatures for placement on the November 2026 California ballot, is designed to provide substantial relief from these excessive taxes in three ways:
- Restores the two-thirds vote threshold to pass dedicated special taxes.
- Caps real estate transfer taxes at $1.10 per $1,000 in property value.
- Sunset any real estate transfer taxes that exceed the cap in 2029.
The attached LTPA email petition packet contains a blank petition form, detailed instructions on how to complete and return the petition, and a campaign remittance form.
Please use the following link to watch a video with instructions on how to complete the petition: https://www.localtaxpayerprotection.com/petition.
You can download petitions online as well.
Please join the California Rental Housing Association, California Taxpayers Association, Howard Jarvis Taxpayers Association, California Business Roundtable, and California Business Properties Association to qualify this critical initiative for the ballot by returning your signed petition today.
Your signed petitions and financial support are vital to restoring these taxpayer protections in California.
Thanks for your help.