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With Special Guest Speaker Ted Gaines - Addressing --
Who Wants a Split Roll? First, a Split Roll is not a hamburger bun. It is a measure supported by the League of Women Voters, PICO California, Evolve California, the Coalition for Humane Immigration Rights of California, the California Federation of Teachers, the California Teachers Association, the American Civil Liberties Union, the California PTA, and other social justice organizations. These groups are actively collecting signatures right now.
A Split Roll is a new taxing plan to amend the California Constitution. It is a potential Initiative Constitutional Amendment headed for the November general election ballot. The initiative is known as the California Schools and Local Communities Funding Act of 2020.
How will the Split Roll initiative change property tax rates under Prop 13? Which real property would be reassessed and when? How much money might be collected? How would the monies collected be apportioned? Who would pay the added costs of re-assessments and appeals? Are the re-assessment implementation time frames reasonable? Who would be harmed if Split Roll passed? Which organizations oppose the Split Roll and why?
Our speaker this month is Board of Equalization member and friend, Ted Gaines. He has the answers to these questions and more analysis to share with us. Bring pen and paper to this meeting – you will definitely want to take notes.
Ted Gaines is a member of the State Board of Equalization, representing the 1st District. Prior to his election in 2018, Ted served 12 years in the State Assembly and Senate. He first entered public service as a member of the City of Roseville's Planning Commission in 1997. In 2000, he was elected to the Placer County Board of Supervisors and re-elected in 2004.
Additionally, Ted is a successful small business owner, having owned Gaines Insurance for more than 30 years. He has been married to his wife—former Assemblywoman Beth Gaines—since 1985. They reside in El Dorado County and are blessed with six children and three grandchildren.
Reservations may be made by e-mailing Judy Kinney at firstname.lastname@example.org. (BTW, Judy always responds to your reservation emails. If you don't get a response from her, she probably didn't get your reservation. -- Please email her again) If unable to e-mail, please call Judy 530-271-5794. Please call between 8 a.m. and 9 p.m. Reservation Deadline: Tuesday, March 10.
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