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Good news for California seniors moving to El Dorado County from elsewhere in California.
On December 15, 2009, El Dorado County's Board of Supervisors approved the implementation of Proposition 90 for inter-country property tax base year transfers.
This will allow seniors moving to El Dorado County to transfer their Proposition 13 base year value to be transferred from a previous residence to a replacement residence. As with anything relating to taxes, however, there are conditions to be met to qualify.
And, unfortunately... Sacramento and Placer counties do not participate in Proposition 90 tax base transfers.
For more information on El Dorado County's implementation, click here.
And for even more information, click here.
By the way, prop 60 allows for the transfers WITHIN the same county prop 90 allows the transfer from another county.