BILL ANALYSIS                                                                                                                                                                                                    



                                                                  SB 822
                                                                  Page  1


          SENATE THIRD READING
          SB 822 (Revenue & Taxation Committee)
          As Amended June 23, 2009
          Majority vote 

           SENATE VOTE  :36-0  
           
           REVENUE & TAXATION  9-0         LOCAL GOVERNMENT    7-0         
           
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          |Ayes:|Charles Calderon, DeVore, |Ayes:|Caballero, Knight,        |
          |     |Beall, Coto, Harkey, Ma,  |     |Arambula, Davis, Duvall,  |
          |     |Hagman, Portantino,       |     |Krekorian, Skinner        |
          |     |Saldana                   |     |                          |
          |     |                          |     |                          |
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           APPROPRIATIONS      16-0                                        
           
           ----------------------------------------------------------------- 
          |Ayes:|De Leon, Nielsen,         |     |                          |
          |     |Ammiano,                  |     |                          |
          |     |Charles Calderon, Coto,   |     |                          |
          |     |Davis, Duvall, Fuentes,   |     |                          |
          |     |Hall, Harkey, Miller,     |     |                          |
          |     |John A. Perez, Skinner,   |     |                          |
          |     |Solorio, Audra            |     |                          |
          |     |Strickland, Torlakson     |     |                          |
          |-----+--------------------------+-----+--------------------------|
          |     |                          |     |                          |
           ----------------------------------------------------------------- 
           SUMMARY  :  Makes various non-controversial changes to the  
          administrative provisions of the property tax law.   
          Specifically,  this bill  :  

          1)Allows a property owner, at the time he/she files an approved  
            building plan with the city or county, to submit a scale copy  
            of floor plans and exterior dimensions of the building to the  
            local assessor in either a paper or an electronic format. 

          2)Increases from $5,000 to $10,000 the maximum amount of the  
            "low-value ordinance" exemption that may be granted by each  
            county board of supervisors to real or personal property  
            qualified for that exemption.









                                                                  SB 822
                                                                 Page  2


          3)Requires county assessors to supply information from disabled  
            veterans' property tax exemption claims and county records to  
            the State Board of Equalizations (BOE), as specified by BOE's  
            written request, in order to prevent approvals of multiple  
            disabled veterans' property tax exemption claims within the  
            state for the same homeowners. 

          4)Deletes, in the case of a corporate owner of property, a  
            requirement that the employee or agent who signs the property  
            statement be designated in writing by the corporation's board  
            of directors.  

          5)Deletes a requirement that a property owner sign a copy of the  
            property statement printed and mailed by the assessor to the  
            property owner, and instead, authorizes a property owner to  
            complete a property statement that is substantially similar to  
            the property statement printed by the assessor, as specified.

          6)Allows a county assessor to make a separate valuation of a  
            parcel covered by a subdivision map filed for record after the  
            lien date immediately preceding the current fiscal year, but  
            only if the board of supervisors of that county enacts an  
            ordinance, by majority vote, providing for a separate  
            valuation of parcels. 

           EXISTING LAW  :

          1)Requires assessors to assess all new construction that occurs  
            within their county for property tax purposes.  Revenue and  
            Taxation Code (RT&C) Section 72 requires city and county  
            building departments to provide the local county assessor with  
            a copy of all building permits issued.  R&TC Section 72 also  
            requires property owners to file with the local assessor a  
            scale copy of floor plans and exterior dimensions designated  
            for the assessor's use. 

          2)Provides that all property is taxable unless otherwise  
            exempted by the California Constitution or federal law  
            [Article XIII A, Section 1(a), California Constitution].   
            Pursuant to Section 7 of Article XIII of the California  
            Constitution, the Legislature enacted RT&C Section 155.20 to  
            authorize a county board of supervisors to exempt from  
            property tax those real and personal properties having a full  
            value too low to justify the costs of assessment and  








                                                                  SB 822
                                                                  Page  3


            collection.  It also limits this exemption, which is referred  
            to as the "low-value ordinance" exemption, granted by each  
            county board of supervisors to property with a value not  
            exceeding $5,000, except that in the case of a possessory  
            interest in specified facilities, the limit is increased to  
            $50,000.

          3)Authorizes the exemption from property taxation of the  
            principal residence of a qualified disabled veteran, or  
            his/her surviving spouse, in the case where a person has, as a  
            result of a service-related disease or injury, becomes  
            disabled or died while on active duty in military service.   
            The amount of exemption, which is automatically indexed each  
            year, depends upon the claimant's income.  BOE currently  
            maintains a database to monitor claims for the homeowners'  
            exemption, but not the disabled veterans' exemption. 

          4)Imposes an ad valorem tax on all assessable personal property  
            used in a trade or business at the fair market value of that  
            property.  Requires taxpayers to report the cost of their  
            property holdings to the local county assessor on a business  
            property statement that shows all taxable property, both real  
            and personal, owned or managed by the person filing the  
            statement.  In the case of a corporate owner of property, a  
            business property statement must be signed either by an  
            officer of the corporation or an employee or agent who has  
            been designated in writing by the board of directors. 

          5)Requires the county assessor to mail a property statement to  
            any person required to file one, in order to prompt taxpayers  
            to complete and file annual property statements.  However, it  
            allows a taxpayer, in lieu of completing the property  
            statement as printed by the assessor, to furnish the required  
            information as attachments to the property statement, provided  
            that one copy of the statement is signed by the taxpayer and  
            contains an appropriate reference to the data attached.  

          6)Prohibits the county assessor from making a separate valuation  
            on any parcel covered by a subdivision map filed for record  
            after the lien date immediately preceding the current fiscal  
            year. 

           FISCAL EFFECT  :  BOE estimates that this bill will have no effect  
          on the amount of revenues collected by the state or local  








                                                                  SB 822
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          governments.  However, BOE estimates that, for any county that  
          would opt to raise the low value exemption to an amount  
          exceeding $5,000, there would be a small cost savings equal to  
          the difference between the costs of assessing and billing and  
          the tax proceeds for properties that would qualify for the low  
          value property exemption only under the increased limit.
           
          COMMENTS  :  SB 822 is a technical, non-controversial bill  
          intended to improve local administration of property tax laws  
          for the benefit of both taxpayers and assessors.  

          Related legislation.  AB 3080 (Assembly Revenue and Taxation  
          Committee), introduced in the 2007-08 Legislative Session, was  
          identical to this bill.  AB 3080 was vetoed by Governor  
          Schwarzenegger, with the following veto message:  "The historic  
          delay in passing the 2008-09 State Budget has forced me to  
          prioritize the bills sent to my desk at the end of the year's  
          legislative session.  Given the delay, I am only signing bills  
          that are the highest priority for California.  This bill does  
          not meet that standard and I cannot sign it at this time." 


           Analysis Prepared by  :  Oksana Jaffe / REV. & TAX. / (916)  
          319-2098 


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