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SB-246 Property tax: base year value transfers. (2017-2018)

Senate:1stCmt2nd3rdPassPassVeto
Assembly:1stCmt2ndPass
Bill Status
SB-246
Bates (S)
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Property tax: base year value transfers.
03/09/17
An act to amend Section 69.5 of the Revenue and Taxation Code, relating to taxation.
Senate
07/10/17

Type of Measure
Active Bill - In Floor Process
Majority Vote Required
Non-Appropriation
Fiscal Committee
Non-State-Mandated Local Program
Non-Urgency
Non-Tax levy
Last 5 History Actions
Date Action
07/21/17 In Senate. Consideration of Governor's veto pending.
07/21/17 Vetoed by the Governor.
07/12/17 Enrolled and presented to the Governor at 12 p.m.
07/06/17 In Senate. Ordered to engrossing and enrolling.
07/06/17 Read third time. Passed. (Ayes 74. Noes 0. Page 2474.) Ordered to the Senate.
Governor's Veto Message
To the Members of the California State Senate:

I am returning Senate Bill 246 without my signature.

This bill would allow a homeowner granted an initial base-year property tax valuation transfer claim due to disability to make a second base-year value transfer after they reach the age of 55.

I believe this bill would allow an already generous property tax benefit to be granted a second time on a larger scale. It is not prudent to authorize legislation such as this that would result in unknown long-term costs to the General Fund.

Sincerely,



Edmund G. Brown Jr.