BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 992
                                                                  Page  1

          Date of Hearing:   May 13, 2009

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                Kevin De Leon, Chair

                     AB 992 (Lieu) - As Amended:  April 21, 2009 

          Policy Committee:                              Business and  
          Professions  Vote:                            9 - 0

          Urgency:     No                   State Mandated Local Program:  
          Yes    Reimbursable:              No

           SUMMARY  

          This bill recasts provisions relating to a property assessment  
          appeal filing service to instead make them applicable to an  
          assessment reduction filing service and places additional  
          restrictions on the service. Specifically, this bill: 

          1)Makes it unlawful for a person to make any untrue or  
            misleading statements in any manner in connection with  
            offering, for compensation, to seek a reduction on behalf of a  
            homeowner in the assessment of residential property.

          2)Prohibits an assessment reduction filing service from  
            charging, demanding, or collecting money in connection with a  
            request for review, or in connection with an assessment appeal  
            application, until after the request is filed with the  
            assessor.

          3)Makes it unlawful for an assessment reduction filing service  
            to file a request or application of any kind on behalf of a  
            property owner without first obtaining written authorization  
            from the owner. 

           FISCAL EFFECT  

          There are no significant costs associated with this legislation.  


           COMMENTS  

           1)Purpose  . According to the author, AB 992 is an attempt to  
            address the increase in property tax scams resulting from the  








                                                                  AB 992
                                                                  Page  2

            rapid decline in housing prices. This decrease in housing  
            values has resulted in private companies contacting homeowners  
            with an offer to help them lower their property tax bill.  The  
            company offers to file a property tax reduction request with  
            the assessor's office, in return for an up front fee of  
            several hundred dollars. Along with the fee, a penalty charge  
            is often assessed if payment is not received by a specific  
            date. In addition, the author points out that those companies  
            are sending these solicitations in official-looking envelopes  
            and design the letters to look like they came from a  
            government agency.  Finally, the author notes that the same  
            service is free from the local assessor's office and there is  
            no need for a homeowner to pay a private company in order to  
            request a reduction in property taxes 
           
          2)Residential Property Taxes  . Proposition 13, passed in 1978,  
            established the guidelines for determining property taxes in  
            the state.  The assessed value of property is established when  
            it is either purchased or built.  In addition, homeowners are  
            allowed a temporary reduction in assessed value when the  
            current market value of a property is less than the value  
            shown on the property tax bill.  

            Homeowners who purchased their homes at or near the top of the  
            market may have an assessed value that is higher than the  
            market value.  In those cases, the homeowner is entitled to a  
            temporary reduction in property taxes.  The reduction will  
            last only as long as the market value for the property remains  
            below the trended value, which is the first year value  
            increased by two percent annually.

           3)Committee Suggestion  . As the bill is currently written, it  
            simply makes it "unlawful" for an assessment reduction filing  
            service to undertake certain activities or make certain  
            claims. This language does not create a crime and is  
            unenforceable. The author and the committee may wish to amend  
            the bill to specify that these activities are a crime (felony,  
            misdemeanor, or infraction).

           Analysis Prepared by  :    Julie Salley-Gray / APPR. / (916)  
          319-2081