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Property taxation: homeowners' exemption.

It became law on Oct 11, 2023.

CA SB 520 · Senate Bill · 2023–2024

Stage
Became law
Started in
Senate
Sponsor
Kelly Seyarto
Latest action
Oct 11, 2023

What it does

Existing law provides, pursuant to a specified provision of the California Constitution, for a homeowners' property tax exemption in the amount of $7,000 of the full value of a dwelling, as defined. Existing law provides that this exemption does not extend, among other things, to property that is rented, vacant, under construction on the lien date, or that is a vacation or secondary home of the owner or owners. Existing law provides that, notwithstanding this provision, if a person receiving the exemption is not occupying the dwelling on the lien date because the dwelling was damaged in a misfortune or calamity, the person shall be deemed to occupy that same dwelling as their principal…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Oct 11, 2023

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in California. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

Property taxation: homeowners' exemption. | 52