Back in '88, California passed Proposition 90, which allows homeowners over 55 to transfer their existing tax base to another county in the state that allows this transfer. This property must be their principal residence, and the replacement property must be of equal or lesser value.
Counties have been gradually dropping off this list, but now there are two new additions to the counties that have adopted a Proposition 90...good news for retirees.
The current list includes: Alameda, Kern, Los Angeles, Orange, Modoc, San Diego, San Mateo, Santa Clara and Ventura Counties.
Next year, the Santa Clara Board of Supervisors will be looking into dropping our county from this list in their 2008 budget discussions. If you would like to see it remain, plan to get involved.
Counties have been gradually dropping off this list, but now there are two new additions to the counties that have adopted a Proposition 90...good news for retirees.
The current list includes: Alameda, Kern, Los Angeles, Orange, Modoc, San Diego, San Mateo, Santa Clara and Ventura Counties.
Next year, the Santa Clara Board of Supervisors will be looking into dropping our county from this list in their 2008 budget discussions. If you would like to see it remain, plan to get involved.
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