BILL NUMBER: AB 1020	CHAPTERED  10/05/07

	CHAPTER  277
	FILED WITH SECRETARY OF STATE  OCTOBER 5, 2007
	APPROVED BY GOVERNOR  OCTOBER 5, 2007
	PASSED THE SENATE  SEPTEMBER 4, 2007
	PASSED THE ASSEMBLY  SEPTEMBER 5, 2007
	AMENDED IN SENATE  JULY 17, 2007

INTRODUCED BY   Assembly Member Sharon Runner

                        FEBRUARY 22, 2007

   An act to amend Section 27279 of the Government Code, and to add
Section 62.11 to the Revenue and Taxation Code, relating to
recordation of documents.



	LEGISLATIVE COUNSEL'S DIGEST


   AB 1020, Sharon Runner. Recordation: change of ownership.
   The California Constitution generally limits ad valorem taxes on
real property to 1% of the full cash value of that property. For
purposes of this limitation, "full cash value" is defined as the
assessor's valuation of real property as shown on the 1975-76 tax
bill under "full cash value" or, thereafter, the appraised value of
that real property when purchased, newly constructed, or a change in
ownership has occurred. Existing property tax law specifies those
circumstances in which the transfer of ownership interests results in
a change in ownership of the real property, and provides that
certain transfers do not result in a change of ownership.
   This bill would provide that the recordation of a certificate of
sale pursuant to specified provisions of law relating to property
sold subject to a right of redemption, does not constitute a change
of ownership, as provided. This bill would also make a clarifying
change relating to the recordation of digital instruments.
   Section 2229 of the Revenue and Taxation Code requires the
Legislature to reimburse local agencies annually for certain property
tax revenues lost as a result of any exemption or classification of
property for purposes of ad valorem property taxation.
   This bill would provide that, notwithstanding Section 2229 of the
Revenue and Taxation Code, no appropriation is made and the state
shall not reimburse local agencies for property tax revenues lost by
them pursuant to the bill.


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

  SECTION 1.  Section 27279 of the Government Code is amended to
read:
   27279.  (a) "Instrument," as used in this chapter, means a written
paper signed by a person or persons transferring the title to, or
giving a lien on real property, or giving a right to a debt or duty.
   (b) The recorder of any county may, in lieu of a written paper,
accept for recording digitized images, digital images, or both, of a
recordable instrument, paper, or notice if both of the following
conditions are met:
   (1) The image conforms to all other applicable statutes that
prescribe recordability, except the requirement of original
signatures in subdivision (b) of Section 27201.
   (2) The requester and addressee for delivery of the recorded
images are the same and can be readily identified as a local or state
government entity, or an agency, branch, or instrumentality of the
federal government.
  SEC. 2.  Section 62.11 is added to the Revenue and Taxation Code,
to read:
   62.11.  Change in ownership does not include the recordation of a
certificate of sale pursuant to subdivision (a) of Section 729.040 of
the Code of Civil Procedure, relating to property sold subject to
the right of redemption, for the period in which the right of
redemption exists.
  SEC. 3.  Notwithstanding Section 2229 of the Revenue and Taxation
Code, no appropriation is made by this act and the state shall not
reimburse any local agency for any property tax revenues lost by it
pursuant to this act.