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Property tax: change in ownership: residential rental property.

Introduced: it can still change before the session ends.

CA SB 592 · Senate Bill · 2025–2026

Stage
Introduced
Started in
Senate
Sponsors
2
Latest action
Feb 2, 2026

What it does

The California Constitution limits the maximum amount of any ad valorem tax on real property to 1% of the full cash value of the property, and defines "full cash value" for these purposes to mean the appraised value of real property when purchased, newly constructed, or a change in ownership has occurred, as provided. Existing property tax law requires the reassessment of real property upon a change in ownership and specifies what transfers of property do and do not constitute a change in ownership and excludes from a change in ownership, and hence from reassessment, certain transfers. Among these excluded transfers, existing property tax law provides that certain transfers of mobilehome…

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Where it stands

  1. Introduced (Current step)

    Introduced · Feb 2, 2026

  2. Committee (Not started)

  3. Floor (Not started)

  4. Law (Not started)

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

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

Work with this bill

Property tax: change in ownership: residential rental property. | 52