BILL ANALYSIS                                                                                                                                                                                                    




            SENATE REVENUE & TAXATION COMMITTEE

            Senator Lois Wolk, Chair

                      SB 824 - Committee on Revenue and Taxation

                                             Introduced: March 10, 2009

                                                                       

            Hearing: April 22, 2009                         Fiscal: Yes




            SUMMARY:  Enacts Technical Changes to Property Tax Law

             


             I.  Locations of BOE Hearings:

                 EXISTING LAW requires BOE to hold regular meetings at  
            the state capital each month, and allows special meetings  
            at the direction of the chairperson.  BOE wants flexibility  
            to hold hearings in other locations in the state to hear  
            taxpayer appeals in Southern California more quickly.    

                 THIS BILL deletes the requirement that BOE hold  
            regular meetings at the state capital each month, instead,  
            BOE must meet once per quarter at the state capital, and  
            may hold special meetings at places within the state at the  
            direction of the chairperson.


            II.  Assessment Practices Survey

                 EXISTING LAW defines "market data" for purposes of  
            granting taxpayers access to Board of Equalization (BOE)  
            assessments, but only refers to "Section 408," which is  
            intended to refer to the Revenue and Taxation Code.

                 THIS BILL corrects the reference to the statutory  
            definition of "market data" in the Revenue and Taxation  








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            Code.  


            III.  Disaster-Affected Property

                 EXISTING LAW allows taxpayers to transfer the base  
            year of property "substantially damaged or destroyed" in a  
            governor-declared disaster to a replacement property up to  
            five years after the disaster.  The disaster must cause  
            more than 50% loss of a property's current value to be  
            eligible.  In the case of a fire where a structure is  
            damaged or destroyed, but the underlying property is  
            reasonably unharmed, affected taxpayers may be precluded  
            from the benefit if the undamaged property is worth more  
            than the damaged or destroyed structure.  For example, a  
            fire damages a property worth $550,000 with $300,000 of  
            land value and $250,000 of value for the structure, a  
            possibility in some high land value communities in  
            California.  The fire destroys the structure, resulting in  
            value subtraction of $250,000, but diminishes the  
            property's land value less than $50,000.  The taxpayer  
            would not be eligible for the base year transfer because  
            the land's total value is so much higher than the value of  
            the structure, and the 50% threshold is not met.

                 THIS BILL amends the two sections of law allowing  
            disaster base year transfers to provide that land and  
            improvements must be considered as separate appraisal  
            units, meaning that more than 50% diminishment of value of  
            either makes the taxpayer eligible for the base year  
            transfer.  


            IV.  Welfare Exemption

                 EXISTING LAW provides under the general welfare  
            exemption, public schools and universities (public schools  
            exemption), as well as privately held property leased  
            exclusively for public schools and colleges (lessor's  
            exemption) are exempt from property tax.  Churches and  
            property owned by churches is similarly exempt (the church  
            and religious exemption).  For privately owned property  








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            leased to public schools, rents cannot exceed ordinary and  
            usual expenses for maintaining the property.  Many  
            facilities owned by both public and private parties are  
            leased to schools and colleges for shared or joint uses.   
            The law allows a similar exemption, but provides divergent  
            filing requirements for the same property under the welfare  
            exemption, the lessors' exemption, and the religious  
            exemption.  

                 THIS BILL adds the University of California as an  
            eligible lessee under the lessor's exemption, a change made  
            to 202.2 of the Revenue and Taxation Code made pursuant to  
            a recent court decision, but not made to 214.6.  The bill  
            also provides that when two entities eligible under the  
            lessor's exemption have a lease for a joint use project,  
            the organization must include a copy of the lease agreement  
            with the annual filing of the welfare exemption claim.   
            Additionally, the bill provides that churches claiming the  
            religious exemption and who also lease property under the  
            lessor's exemption but use the property in a joint manner  
            shall annually file a church lessor's exemption claim, to  
            be developed by BOE.  


            V.  Disabled Veterans 

                 EXISTING LAW refers to an obsolete amount for the  
            disabled veterans' exemption, listing both the $60,000  
            exemption and the $40,000 exemption, which the Legislature  
            changed to $100,000 and $150,000 in 1989.  The section also  
            errantly links to 4895, which does not exist, instead of  
            4985, which is the correct reference for canceling  
            outstanding property taxes.  

                 THIS BILL deletes the exempt amounts and corrects the  
            cross-reference.  




            VI.  Preliminary Change of Ownership Report









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                 EXISTING LAW enumerates the specific form and contents  
            of the "Preliminary Change of Ownership Report," a report  
            that taxpayers must submit to an assessor to ensure  
            property is reassessed when ownership changes.  The form  
            requires information necessary for the assessor to enroll  
            its new value, and also helps the assessor identify  
            property that may be eligible for change of ownership  
            exclusions from reassessment.  BOE's recent survey on  
            change in ownership issues indicated that the form could be  
            more user-friendly, but BOE cannot revise the form as its  
            contents are specifically enumerated in statute.  

                 THIS BILL deletes the form as it appears in statute,  
            and replaces it with a requirement that the Preliminary  
            Change of Ownership Report include specified information  
            relative to the transfer (a requirement in the existing  
            form).  The bill also requires that BOE in consultation  
            with the California Assessors' Association and other  
            interested parties shall prescribe a new form for uniform  
            use in the state.  The bill also updates Revenue and  
            Taxation Code 480.3 to require the form the assessors must  
            currently make available is certified by the transferee as  
            containing information that is true and correct to the best  
            of his or her knowledge, a requirement in existing law.


            FISCAL EFFECT: 

                 BOE estimated minor costs and no revenue impact.




            COMMENTS:


            A.   Purpose of the bill
                 SB 1045 consolidates six items that make minor,  
            technical changes to property tax law sponsored by BOE.   
            The bill improves the administration of property tax laws  
            to help both taxpayers and tax administration agencies.   
            Consolidating the measures into a single bill negates the  








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            need for individual bills to enact each change.   
            Additionally, the measure only contains items with  
            universal agreement; items that are controversial or  
            problematic will be removed from the bill.




            Support and Opposition

                 Support:State Board of Equalization



                 Oppose:None Received



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            Consultant: Colin Grinnell