Proposition 72 - Permits Legislature to Exclude Newly Constructed Rain-Capture Systems From Property-Tax Reassessment Requirement. - SUPPORT
Prop 72 would add systems installed by property owners or developers to catch rainwater and store it for use on the property to the list of improvements excluded from reassessment for property taxes. The exclusion is only for systems installed between January 2018 and the end of 2028. The exclusion ends when the property is sold.