Proposition 19

boe.ca.gov/prop19

To assist taxpayers, below are comparison charts reflecting the effects of Proposition 19.

Former Law Proposition 19 (Current Law)

Principal Principal residence of Principal residence of transferor

Residence transferor and transferee
No value limit Value limit of current taxable
Residence and homesite value plus $1,000,000 (as
(excess land may be annually adjusted)
excluded as "other Family homes and farms
property")

Other Real Transferor lifetime limit of Eliminates exclusion for other

Property $1,000,000 of factored real property other than the
base year value principal residence

Grandparent- Parent(s) of grandchild, No change: parent(s) of

Grandchild who qualifies as child(ren) grandchild, who qualifies as
Middle of grandparent, must be child(ren) of grandparent, must
Generation deceased on date of be deceased on date of transfer
Limit transfer

Filing Period File claim within 3 years or File for homeowners'

before transfer to third exemption within 1 year of
party transfer

Implementing Revenue & Taxation Code To be determined

Statute section 63.1 (implements
Propositions 58/193)

Important Through February 15, 2021 Effective February 16, 2021

Dates

PARENT-CHILD & GRANDPARENT-GRANDCHILD EXCLUSION

Proposition 19 (Current
Former Law Law)

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 Proposition 19 (Current
Former Law Law)

Type of Principal residence Principal residence

Property

Timing Purchase or newly construct Purchase or newly

residence within 2 years of sale construct residence
within 2 years of sale

Location of Same county Anywhere in California

Replacement County with intercounty ordinance
Home (10 counties)

Value Limit Equal or lesser value Any value

Amount above 100% is
100% if replacement added to transferred
purchased/new construction value
prior to sale
105% if replacement
purchased/new construction
in first year after sale
110% if replacement
purchased/new construction
in second year after sale

How many One time Three times

transfers? Exception: After using once for
age, second time for subsequent
disability

Implementing Revenue & Taxation Code section To be determined

Statute 69.5 (implements Propositions
60/90/110)

Important Through March 31, 2021 Effective April 1, 2021

Dates

BASE YEAR VALUE TRANSFER – PERSONS AT LEAST AGE 55/DISABLED

Former Law Proposition 19 (Current Law)

Type of Any type of property Principal residence

Property

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 Former Law Proposition 19 (Current Law)

Timing Purchase or newly construct Purchase or newly construct

property within 5 years of residence within 2 years of
disaster sale

Location of Within same county Anywhere in California

Replacement
Property

Value Limit Any value Any value

Amount above 120% is Amount above 100% is
added to transferred value added to transferred value

Type of Disaster for which the Wildfire, as defined, or

Disaster Governor proclaims a state natural disaster as declared
of emergency by the Governor

Implementing Revenue & Taxation Code To be determined

Statute section 69 (implements
Proposition 50)

Important Through March 31, 2021 Effective April 1, 2021

Dates

BASE YEAR VALUE TRANSFER – INTRACOUNTY DISASTER RELIEF

Former Law Proposition 19 (Current Law)

Type of Principal residence Principal residence

Property

Timing Purchase or newly construct Purchase or newly construct

principal residence within 3 principal residence within 2
years of disaster years of sale

Location of County with intercounty Anywhere in California

Replacement ordinance (13 counties)
Home

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 Former Law Proposition 19 (Current Law)

Value Limit Equal or lesser value Any value

Amount above 100% is
105% if purchased/new added to transferred value
construction in first year
after disaster
110% if purchased/new
construction in second
year after disaster
115% if purchased/new
construction in third year
after disaster

Type of Disaster for which the Wildfire, as defined, or

Disaster Governor proclaims a state of natural disaster as declared
emergency by the Governor

Implementing Revenue & Taxation Code To be determined

Statute section 69.3 (implements
Proposition 171)

Important Through March 31, 2021 Effective April 1, 2021

Dates

BASE YEAR VALUE TRANSFER – INTERCOUNTY DISASTER RELIEF

Note: The information presented is intended to provide general and summary information
about Proposition 19. It is not intended to be a legal interpretation or official guidance or
relied upon for any purpose, but is instead a presentation of summary information. If there is
a conflict between the information presented and the text of the proposition or its
implementation, the text of the proposition or legal interpretation will prevail. It is highly
encouraged that you consult an attorney for advice specific to your situation.

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