CA ACA21

Lowers voter approval threshold for parcel taxes imposed by school districts, community college districts, and county offices of education from 2/3 to 55% of voters, if specified accountability requirements are met.

Requires parcel tax propositions to include a list of specific purposes, restrict funds to those purposes only, mandate annual independent financial audits, and establish a citizens' oversight committee.

Provides exemption from parcel taxes for parcels that are the principal residence of persons 65 years or older, or persons receiving Supplemental Security Income for disabilities.

Caps total parcel tax impositions at $250 per parcel annually, adjusted yearly for inflation based on the Consumer Price Index, and prohibits using parcel tax proceeds to pay administrator salaries.

Makes conforming amendments to Articles XIII A, XIII C, and XIII D of the California Constitution to reflect the new 55% approval option for educational entity parcel taxes.