BILL NUMBER: SB 1154 INTRODUCED BILL TEXT INTRODUCED BY Senator Cedillo FEBRUARY 18, 2010 An act to amend Section 201 of the Revenue and Taxation Code, relating to taxation. LEGISLATIVE COUNSEL'S DIGEST SB 1154, as introduced, Cedillo. Property taxation. Existing property tax law provides that all property in this state, not exempt under the laws of the United States or of this state, is subject to taxation. This bill would make technical, nonsubstantive changes to this 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 201 of the Revenue and Taxation Code is amended to read: 201. All property in thisState,state that is not exempt under the laws of the United States or of thisState,state is subject to taxation under this code.