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SB-653 Property taxation: exemptions.(2023-2024)

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Date Published: 02/16/2023 09:00 PM
SB653:v99#DOCUMENT


CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Senate Bill
No. 653


Introduced by Senator Archuleta

February 16, 2023


An act relating to taxation.


LEGISLATIVE COUNSEL'S DIGEST


SB 653, as introduced, Archuleta. Property taxation: exemptions.
The California Constitution provides that all property is taxable, and requires that it be assessed at the same percentage of fair market value, unless otherwise provided by the California Constitution or federal law. The California Constitution and existing property tax law provide various exemptions from taxation, including, among others, a homeowners’ property tax exemption and a veterans’ exemption.
This bill would state the intent of the Legislature to enact legislation that would allow individuals to claim both the homeowners’ property tax exemption and the veterans’ exemption.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 It is the intent of the Legislature to enact legislation that would allow individuals to claim both the homeowners’ property tax exemption and the veterans’ exemption.