News

Here We Go Again

The latest version of the "split roll" initiative

The following law was served to the Attorney General for the preparation of an election measlrre this initiative was tried previously and did not pass.

The proposed law calls for a split roll between owner occupied SFR and commercial property. Excerpts of the proposed law are as follows: "Protect Homeowners and Close…

SB 948 - Effective Jaunuary 1, 2012

This bill, in part allows the tax collector to obtain or access otherwise confidential ffirmation held bythe counff assessor.

Tax Collector Access. This bill adds subdivision (g) to Section 408 of the Revenue and Taxation Code to requre the assessor to disclose information, fumish abstracts, or permit access to records in the assesson office to the tax collector or his or…

SB 507: Effective January 1, 2012

Sponsored by the California Assessors' Association

This bill relates to properly tax change in ownership reporting requirements and related penalties for (1) real propefy transfers that must be reporled to the local counfy assessor and (2) legal entity ownership interest transfers that must be reported to the Board of Equalization (BOE).

Specifically. this bill: 

Real…

ABxl 15: Effective June 28,2011

This bill expressly provides, via uncodified legislative findings and declarations, that a purchaser of a newly constructed active solar energy system that was sold in a sale-leaseback, partnership flip structure, or other transaction, is eligible to receive the property tax new construction exclusion for the system.

Section 1(d) of the bill provides that the amendments made to 73 do not…

2012 Legislation - AB 75: Effective January 1,2012

This bill is related to deceptive business solicitations that imply an official government connection.

Among other things it

  1. Prohibits the use of the term "assessor" in the title, trade or brand name of any solicitation that reasonably could be interpreted or construed as implying a governmental connection. (Business & Professions Code.$17533.6)
  2. Prohibits additional…