SPLIT ROLL / PROPERTY / PARCEL TAXATION

  AB 59 (Bonta D)   School districts: parcel taxes.
  SPLIT ROLL BILL! Would specify that the provisions requiring uniform application of taxes shall not be construed as limiting a school district from assessing taxes in accordance with rational classifications among taxpayers or types of property within the school district. The bill would specify that the provision is declaratory of existing law. The bill would also express the Legislature’s intent to clarify, and not change, existing law, and to abrogate the holding in Borikas v. Alameda Unified School District, as specified.

 

AB 188 (Ammiano D)   Property taxation: change in ownership.    
   
  SPLIT ROLL BILL! Would specify that if 100% of the ownership interests in a legal entity, as defined, are sold or transferred in a single transaction, as specified, the real property owned by that legal entity has changed ownership, whether or not any one legal entity or person that is a party to the transaction acquires more than 50% of the ownership interests. The bill would require the State Board of Equalization to notify assessors if a change in ownership as so described occurs. This bill contains other related provisions and other existing laws.

 

AB 483 (Ting D)   Property taxation: valuing property: comparable sales.    
   
  Summary: Current property tax law requires, when valuing property by comparison with sales of other properties, in order to be considered comparable, the sales to be sufficiently near in time to the valuation date, and the properties sold to be located sufficiently near, and sufficiently alike, to the property being valued, as specified. This bill would make a clarifying change to this provision.

 

AB 561 (Ting D)   Taxation: documentary transfer tax.    
   
  Summary: Current law authorizes counties and cities and counties to impose a documentary transfer tax at a specified rate upon deeds, instruments, or writings by which any lands, tenements, or other realty sold are transferred. This bill would provide that “realty sold” for purposes of the imposition of a documentary transfer tax includes any acquisition or transfer of ownership interests in a legal entity that would constitute a change in ownerships of that legal entity’s real property, as specified. This bill contains other related provisions and other current laws.

 

AB 742 (Dahle R)   Property taxes: revenue allocation.    
   
  Summary: Current property tax law requires the county auditor, in each fiscal year, to allocate property tax revenue to local jurisdictions in accordance with specified formulas and procedures. This bill would make technical, nonsubstantive changes to certain of these provisions.

 

AB 920 (Ting D)   Property taxation: tax bill information: interest on refunds.    
   
  Summary:  Current property tax law requires that each county tax bill, or a statement accompanying that bill, include specified information. This bill would additionally require that each county tax bill, or a statement accompanying that bill, include a list of services funded by the general ad valorem property tax, as specified. This bill contains other related provisions and other current laws.

 

ACA 3 (Campos D)   Local government financing: public safety services: voter approval.    
   
  Summary: Would create an additional exception to the 1% limit for a rate imposed by a city, county, or special district to service bonded indebtedness incurred to fund certain fire, emergency response, police, or sheriff buildings or facilities, and equipment, that is approved by 55% of the voters of the city, county, or special district, as applicable. This bill contains other related provisions and other existing laws.

 

 

ACA 8 (Blumenfield D)   Local government financing: voter approval.    
   
  Summary: Would create an additional exception to the 1% limit for a rate imposed by a city, county, city and county, or special district, as defined, to service bonded indebtedness incurred to fund specified public improvements and facilities, or buildings used primarily to provide sheriff, police, or fire protection services, that is approved by 55% of the voters of the city, county, city and county, or special district, as applicable. This bill contains other related provisions and other existing laws.
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