California Prop 1 2024 Update. 13, california’s 1978 tax revolt initiative, capped property taxes at 1 percent of a home’s purchase price and limited the rate taxes can tick up each year by 2 percent. Proposition 1 would change the mental health services act, a 2004 tax on incomes over a million dollars that currently generates around $4 billion annually, imposing.
See live election results for the california proposition 1 ballot measure, which would authorize bonds to build mental health treatment facilities and housing for the homeless. Proposition 32 would raise the minimum wage to $17 for the remainder of 2024, and $18 an hour starting in january 2025 — a bump from the current $16.