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Property tax: revenue allocations: County of Madera.

It was vetoed on Sep 28, 2020.

CA AB 2040 · Assembly Bill · 2019–2020

Stage
Vetoed
Started in
Assembly
Sponsors
2
Latest action
Sep 28, 2020

What it does

Existing 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, and generally provides that each jurisdiction shall be allocated an amount equal to the total of the amount of revenue allocated to that jurisdiction in the prior fiscal year, subject to certain modifications, and that jurisdiction's portion of the annual tax increment, as defined.

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Where it stands

This bill failed and is no longer moving.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Needs attention)

    Vetoed

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

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

Work with this bill

Property tax: revenue allocations: County of Madera. | 52