Today's Law As Amended

PDF |Add To My Favorites | print page

AB-1574 Property taxation: change in ownership: mobilehome parks.(2017-2018)

As Amends the Law Today


 Section 62.4 is added to the Revenue and Taxation Code, to read:

 For property tax lien dates occurring on and after January 1, 2018, a change in ownership does not include the transfer of a mobilehome park that is restricted to persons 55 years of age and older.
SEC. 2.
 If the Commission on State Mandates determines that this act contains costs mandated by the state, reimbursement to local agencies and school districts for those costs shall be made pursuant to Part 7 (commencing with Section 17500) of Division 4 of Title 2 of the Government Code.
SEC. 3.
 Notwithstanding Section 2229 of the Revenue and Taxation Code, no appropriation is made by this act and the state shall not reimburse any local agency for any property tax revenues lost by it pursuant to this act.
SEC. 4.
 This act provides for a tax levy within the meaning of Article IV of the California Constitution and shall go into immediate effect.