Bill Text: CA AB2618 | 2011-2012 | Regular Session | Introduced

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

---

Bill Title: Sales and use taxes: auction: vehicles.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2012-09-29 - Chaptered by Secretary of State - Chapter 756, Statutes of 2012. [AB2618 Detail]

Download: California-2011-AB2618-Introduced.html

---

BILL NUMBER: AB 2618	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Members Achadjian and Ma

                        FEBRUARY 24, 2012

   An act to amend Section 80 of the Revenue and Taxation Code,
relating to taxation.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2618, as introduced, Achadjian. Property taxation: assessment:
reduction in base-year value: application.
   Existing property tax law authorizes an application for reduction
in the base-year value of an assessment on the current roll to be
filed during the regular filing period for that year subject to
certain limitations, as provided.
   This bill would make a technical, nonsubstantive change to that
provision.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 80 of the Revenue and Taxation Code is amended
to read:
   80.  (a) An application for reduction in the base-year value of an
assessment on the current local roll may be filed during the regular
filing period for that year as set forth in Section 1603 or Section
1840, subject to the following limitations:
   (1) The base-year value determined by a local board of
equalization or by the State Board of Equalization, originally or on
remand by a court, or by a court shall be conclusively presumed to be
the base-year value for any 1975 assessment which was appealed.
   (2) The base-year value determined pursuant to paragraph (1) of
subdivision (a) of Section 110.1 shall be conclusively presumed to be
the base-year value unless an equalization application is filed no
later than the regular filing period following the 1980 lien date.
Once an application is filed, the base-year value determined pursuant
to that application shall be conclusively presumed to be the
base-year value for that assessment.
   (3) The base-year value determined pursuant to paragraph (2) of
subdivision (a) of Section 110.1 shall be conclusively presumed to be
the base-year value, unless an application for equalization is filed
during the regular equalization period for the year in which the
assessment is placed on the assessment roll or in any of the three
succeeding years. Once an application is filed, the base-year value
determined pursuant to that application shall be conclusively
presumed to be the base-year value for that assessment.
   (4) The base-year value determined pursuant to Section 51.5 shall
be conclusively presumed to be the base-year value unless an
application for equalization is filed during the appropriate
equalization period for the year in which the error is corrected or
in any of the three succeeding years. Once an application is filed,
the base-year value determined pursuant to that application shall be
conclusively presumed to be the base-year value for that assessment.
   (5) Any reduction in assessment made as the result of an appeal
 under   pursuant to  this section shall
apply for the assessment year in which the appeal is taken and
prospectively thereafter.
   (b) This section does not prohibit the filing of an application
for appeal where a new value was placed on the roll pursuant to
Section 51.
   (c) An application for equalization made pursuant to Section 620
or Section 1605 when determined, shall be conclusively presumed to be
the base-year value in the same manner as provided herein.