The document proposes amending Proposition 13 in California to implement a split-roll property tax system. It summarizes the history and impact of Prop 13, presents statistical analysis showing the tax burden has shifted from corporations to individuals, and outlines a plan to tax commercial properties at full market value while maintaining protections for homeowners, small businesses, and agricultural land. It also discusses using the ballot initiative process to propose this amendment.

1. Proposal for the amendment of Proposition 13: The Fair Property Assessment Plan Daniel Villanueva Omar Ventura

5. Proposition 13

6. Statistical Analyses Graph 1.1. This Graph reveals a growing disparity between the tax burden placed on Californians through sales and use taxes, and personal income taxes; and that placed on corporate income taxes over the past 30 years.

7. Statistical Analyses Graph 1.2. This graph reflects the ratio between personal income tax and corporate tax to adjust for inflation over time. The line of regression reveals that the disparity between personal income tax and corporate tax shares an overall positive correlation.

8. Statistical Analyses Graph 1.3. This graph illustrates the ratio between sales tax and corporate tax to adjust for inflation over time. While erratic, sales tax revenues tend to be more volatile than personal income tax revenues. The regression line reveals an overall positive relationship of the index, indicating a disproportionately increasing burden on sales tax in comparison to corporate tax.

17. Method Even though many voters believe that special interests have a lot (56%) or some (36%) control over the initiative process, 74 percent of adults and 79 percent of likely California voters believe that initiatives are important because they address significant public policy issues that the governor and state legislatures have failed to adequately address. PPIC STATEWIDE SURVEY: SPECIAL SURVEY ON CALIFORNIANS AND THE INITIATIVE PROCESS (SEPTEMBER 12-19, 2005) 2,004 CALIFORNIA ADULT RESIDENTS: ENGLISH AND SPANISH (Margin of Error +/-2% at 95% confidence level for total sample)

20. Thank You