Business & Economy

Same-sex couples get new CA property tax protections

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Prop 13 limits annual property tax increases in California, and long-term homeowners can save a lot by avoiding a reassessment. When married couples in California transfer ownership of their house — for instance, if one spouse dies — their property is not reassessed. 

But some same-sex couples have not been getting that benefit. One Highland Park couple saw their taxes increase by thousands of dollars a year when they put their home into a trust, because they registered their domestic partnership with a local government, not the state. A new bill recently signed by Governor Jerry Brown gives couples the right to get back their old property tax bill.