2020 Proposition to increase property taxes

[Daniel Antonetti]

This initiative qualified for the ballot in 2020.  Does anyone know if it affects commercial - residential properties?  Meaning properties that are zoned for 5+ units?  It only refers to residential being exempt, but it was not clear to me if it only exempts properties with 1-4 units or just 1 unit.

https://ballotpedia.org/California_Tax_on_Commercial_and_Industrial_Properties_for_Education_and_Local_Government_Funding_Initiative_(2020)