Skip to content

Community land trusts: welfare exemption: assessment: foreclosure sales: financial assistance.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CA AB 430 · Assembly Bill · 2023–2024

Stage
Session ended
Started in
Assembly
Sponsor
1
Latest action
Sep 1, 2023

What it does

(1) Existing property tax law, pursuant to constitutional authorization, provides for a "welfare exemption" for property used exclusively for religious, hospital, scientific, or charitable purposes and that is owned or operated by certain types of nonprofit entities, if certain qualifying criteria are met. For the 2022–23 fiscal year through the 2027–28 fiscal year, in the case of an owner of property that is a community land trust, as defined, existing property tax law requires that a unit continue to be treated as occupied by a lower income household for these purposes if the occupants were lower income households on the lien date in the fiscal year in which their occupancy of the unit…

Read the full text

Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Current step)

    Passed first chamber · Sep 1, 2023

  4. Law (Needs attention)

    The session ended first

What moved

Loading recorded actions…

Who is involved

Sponsors

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

In the news

Reporting that may mention this subject. Possible matches are labeled.

Loading coverage…

Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

Community land trusts: welfare exemption: assessment: foreclosure sales: financial assistance. | 52