Bill Text: CA AB1598 | 2019-2020 | Regular Session | Introduced

California Assembly Bill 1598 (Prior Session Legislation)

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: Impersonation for the purpose of a sexual relationship.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2020-02-03 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB1598 Detail]

Download: California-2019-AB1598-Introduced.html

CALIFORNIA LEGISLATURE— 2019–2020 REGULAR SESSION

Assembly Bill

No. 1598

Introduced by Assembly Member Fong

February 22, 2019

An act to amend Section 50 of the Revenue and Taxation Code, relating to taxation.

LEGISLATIVE COUNSEL'S DIGEST

AB 1598, as introduced, Fong. Property taxes.

The California Constitution generally limits the maximum amount of any ad valorem tax on real property to 1% of its full cash value and defines “full cash value” for these purposes as the county assessor’s valuation of real property as shown on the 1975–76 tax bill under “full cash value” or, thereafter, the appraised value of real property when purchased, newly constructed, or a change in ownership has occurred after the 1975 assessment. Existing property tax law requires the assessor to determine a new base year value for the portion of any taxable real property which has been newly constructed and prohibits new construction that is in progress from acquiring a new base year value until the date of completion. Existing law sets forth when the value of newly constructed property or new construction in progress is required to be set forth on the roll.

This bill would make nonsubstantive changes to that latter provision.

Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO

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

SECTION 1.

Section 50 of the Revenue and Taxation Code is amended to read:

50.

For purposes of base year values as determined by Section 110.1, values determined for property ~~which~~ that is purchased or changes ownership after the 1975 lien date shall be entered on the roll for the lien date next succeeding the date of the purchase or change in ownership. Values determined after the 1975 lien date for property ~~which~~ that is newly constructed shall be entered on the roll for the lien date next succeeding the date of completion of the new construction. The value of new construction in progress on the lien date shall be entered on the roll as of the lien date. However, the value of new construction in progress shall not be a base year value until completion of that construction, as described in Section 71.