Rethinking Parts of Proposition 13

I have just made a post to the Political State Report about the following topic:

As California's continuing budget crisis leaves the state short on cash and requiring short-term loans to make it through the current fiscal year, more legislators are taking a serious look at making changes to portions of the state's famous Proposition 13 tax cut initiative. While Prop 13's provisions reducing residential property taxes remain sacrosanct, other parts of the initiative are now in play.