Reforming Prop 13, specifically closing the corporate tax loophole on property reassessment and implementing split roll, will be a top priority of Sandra’s. She does understand the importance of ensuring small businesses are protected in the process of implementing split roll. Sandra does not believe, however, that this reform should apply to residential property, and would continue to protect residential homeowners from property tax increases. 

Closing the corporate tax loophole would provide much needed revenues for a whole host of priorities in our state. Returning tax increases to normal legislative and ballot initiative passage rates would allow our state the flexibility we require to meet current and future economic challenges.