Prop 19 will generate new funding for fire protection and local governments; Limits property tax increases for wildfire victims, vulnerable populations and families

SACRAMENTO (September 30, 2020) – The Yes on 19 campaign announced today that it has received an endorsement from California Insurance Commissioner Ricardo Lara. Proposition 19, also known as the Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disaster Act, will provide millions of dollars in new funding annually for fire prevention and limits property tax increases for seniors, people with severe disabilities, families, and victims of wildfires and natural disaster. It will also generate hundreds of millions of dollars in annual revenue for local governments.

Specifically, Proposition 19 will do the following:

Support Life-Saving Fire & Emergency Response
• Secure needed revenue for fire protection, fire districts, and CalFire in support of California’s wildfire response.
• Provide dedicated funding for fire response across the state – including historically underfunded fire districts in rural and urban communities – protecting millions of homes and lives.

Generate Hundreds of Millions of Annual Funding for Fire Protection and Local Government
• Generate new revenues for fire protection and local government, emergency services, and vital programs including healthcare access, affordable housing projects, homeless and mental health services.
• Help balance budgets and provide a boost to our state’s economic recovery from the COVID- 19 pandemic, with revenue projections growing to over $2 billion annually.

Protect Homes as Intended for Californians, Closing Unfair Loopholes Used by Non-Californians
• Close loopholes and tax breaks used on vacation houses, second homes, and beachfront rentals by wealthy non-California residents and trust fund heirs – meant for California homeowners.
• Ensure tax savings work to protect vulnerable Californians and California homeowners as intended under Propositions 58 and 193 – not tax loopholes for out-of-state residents and trust fund heirs to avoid paying their fair share of taxes.