split roll

American  

noun

Economics.

1. a taxation under which real-estate taxes on business and industrial buildings are levied at higher rates than on residential homes.

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Example Sentences

Advocates of the split roll have noted that Proposition 13 has allowed some commercial properties — Disneyland, for example — to still be taxed at 1970s valuations.

From Los Angeles Times • Jul. 31, 2020

A Public Policy Institute of California poll released in January found 54 percent of voters favored the split roll, while 38 percent opposed it.

From Washington Times • May 31, 2015

“To the extent that these folks are owners and shareholders of California businesses, the split roll measure would hit them again.”

From Washington Times • May 31, 2015

Merriam-Webster is slightly more helpful: “two or more slices of bread or a split roll having a filling in between.”

From New York Times • Apr. 14, 2015

The po' boy sandwiches come either in the full 10-inch length or the 5-inch half sandwich on a soft split roll.

From Los Angeles Times • Nov. 14, 2014