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Given the following article https://www.wsj.com/real-estate/luxury-homes/katy-perry-montecito-mansion-6a8b60fd What is the potential value of that legislation? What possible problems could occur if it becomes law?

Given the following article

https://www.wsj.com/real-estate/luxury-homes/katy-perry-montecito-mansion-6a8b60fd

What is the potential value of that legislation?
What possible problems could occur if it becomes law?

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