1986 California Proposition 60

Proposition 63

November 4, 1986 (1986-11-04)
TAXATION. REPLACEMENT RESIDENCES.
Results
Choice Votes % Yes 5,121,859 77.02% No 1,528,254 22.98%
Yes   80–90%   70–80%   60–70%   50–60% California Proposition 60 was an amendment of the Constitution of California relating to property tax assessments for older homeowners. It was proposed by the California State Legislature and approved by voters in a referendum held on November 4, 1986. The amendment allows homeowners over the age of 55 to transfer the assessed value of their present home to a replacement home if the replacement home is located in the same county, is of equal or lesser value than the original property, and purchased or newly constructed within two years of the sale of the present property. [2] See also California Proposition 13 (1978) California Proposition 90 (1988) References Statement of Vote 1986. California Secretary of State. p. 50. Retrieved 3 September 2025. California Proposition 60 External links Proposition 60 Transfer of Property Tax Base for Senior Citizens Exclusions from Reappraisal – Frequently Asked Questions about Propositions 60/90 Archived 2017-12-12 at the Wayback Machine published by the California State Board of Equalization This page is based on this Wikipedia article Text is available under the CC BY-SA 4.0 license; additional terms may apply. Images, videos and audio are available under their respective licenses.