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Property taxation: local exemption: possessory interests: publicly owned housing.

This bill failed and is no longer moving.

CA AB 1553 · Assembly Bill · 2023–2024

Stage
Failed
Started in
Assembly
Sponsor
1
Latest action
Feb 1, 2024

What it does

The California Constitution authorizes the Legislature to authorize, pursuant to a 23 vote of the Legislature, county boards of supervisors to exempt real property having a full value so low that, if not exempt, the total taxes and applicable subventions on the property would amount to less than the cost of assessing and collecting them. Existing property tax law sets forth procedures for a county board of supervisors to make that exemption for such property.

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Where it stands

This bill failed and is no longer moving.

Failed

This bill failed and is no longer moving.

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Who is involved

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

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Property taxation: local exemption: possessory interests: publicly owned housing. | 52