Bill Text: CA SB653 | 2023-2024 | Regular Session | Introduced

California Senate Bill 653 (Prior Session Legislation)

Introduced

Bill Title: Property taxation: exemptions.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Failed) 2024-02-01 - Returned to Secretary of Senate pursuant to Joint Rule 56. [SB653 Detail]

Download: California-2023-SB653-Introduced.html

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.