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Prop 15

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Downtown Los Angeles

Prop 15, aimed at raising taxes on commercial properties, is dead

About 52% of voters statewide rejected measure following costly industry campaign against it

Here’s everything you need to know about Prop 15 commercial property tax measure on the Nov. 3 ballot. (iStock)

Prop 15: Everything you need to know about the property tax ballot measure

Initiative would assess commercial real estate at present-day value, raising billions in taxes

California voters rejected Proposition 21, which would have greatly expanded rent control statewide.

California voters reject Prop 21 rent control expansion

Separate ballot measure addressing commercial property taxes looks like it will fail; another addressing residential property reassessment looks like it will pass

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