Prop 19 California 2024 Full Text. Proposition 19 allows eligible homeowners to transfer the taxable value of their existing primary residence to a replacement primary residence. Authorizes $6.38 billion in bonds to build mental health treatment facilities for those with mental health and substance.

On november 3, 2020, california voters passed proposition 19, the home protection for seniors, severely disabled, families and victims of wildfire or natural disasters act. This article discusses california prop 19, its background, how it can affect your estate planning, and how you can protect yourself from its hefty tax.