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Finally, the CPRA, which passed as a ballot initiative in November 2020, furthered the extension to January 1, 2023. Over the course of the year, California state legislators proposed a number of legislativeinitiatives to further extend the exemptions beyond the January 1, 2023 deadline.
Local governments are stretched thin and are looking for ways to generate additional tax revenue. Here are four trends that we are watching right now with respect to property taxes: Governmental Hospitals Its often easier to secure and maintain a property tax exemption for government-owned hospitals. End of story.
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