Chevron is moving its HQ, not shutting down its refinery in Richmond, so the ballot initiative is irrelevant to the HQ move. San Ramon is 20 or 25 straight-line miles from Richmond, so Chevron is not moving its HQ from the immediate area of Richmond.
FOX4 News is not local to the SF Bay Area or Sacramento area. KTVU channel 2 is the Fox channel in Oakland, and the Fox station in Sacramento is KTXL channel 40.
The article does not give any information about the supposed ballot initiative, which could allow checking what the initiative actually does. Looking at the Howard Jarvis Taxpayers Association webpage about 2024 ballot propositions,
https://www.hjta.org/hjta-ballot-measure-recommendations/ (you can actually check to see if I missed something!), the November 2024 ballot proposition that would
indirectly affect taxation is Proposition 5. Per HJTA:
Proposition 5 is ACA 1, a direct attack on Proposition 13. It makes it easier to raise taxes by eliminating the longstanding two-thirds vote of the electorate required to pass local bonds (borrowed money that must be repaid with interest). All new bond measures for “infrastructure” (nearly everything is “infrastructure”) and for public housing projects would pass with just 55% approval instead of the current 66.7%. Local bonds are paid for with extra charges on property tax bills, adding to the tax burden on homeowners and businesses, leading to higher rents for tenants and higher consumer prices for everyone. If Proposition 5 is not stopped, property tax bills are likely to go up after every election, forever. Proposition 5 will raise the cost of living in California, which already has the highest poverty rate in the country when the cost of living is taken into account. VOTE NO ON PROPOSITION 5.
I don't know who the TexasScoreCard people are, but it looks like they passed on second- or fifth- or twentieth-hand claims instead of verifying if what they want to believe is actually true.
