BILL ANALYSIS                                                                                                                                                                                                    �



                                                                      



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          |SENATE RULES COMMITTEE            |                   SB 947|
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                                    CONSENT


          Bill No:  SB 947
          Author:   Senate Governance and Finance Committee
          Amended:  As introduced
          Vote:     21

           
           SENATE GOVERNANCE & FINANCE COMMITTEE  :  9-0, 5/4/11
          AYES:  Wolk, Huff, DeSaulnier, Fuller, Hancock, Hernandez, 
            Kehoe, La Malfa, Liu

           SENATE APPROPRIATIONS COMMITTEE  :  Senate Rule 28.8


           SUBJECT  :    Property taxation

           SOURCE  :     State Board of Equalization


           DIGEST  :    This bill consolidates twelve items that make 
          minor, technical changes to property tax law.

           ANALYSIS  :    Revenue and Taxation Code Section 830 and 
          Section 862 requires that state assesses annually provide 
          specific information to the Board of Equalization (BOE).  
          Failure to provide the information results in a penalty 
          which varies depending on the type of information that is 
          deficient.  The law provides that that the BOE may abate 
          the penalty with a written application for abatement by the 
          applicant.

          This bill expressly allows the BOE to partially abate the 
          penalty.  Existing law is not specific to partial 
          abatement. 
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          Currently, the exclusion from reassessment for the 
          transfers of a property from parent to child does not apply 
          to a unit of cooperatively owned housing because in a 
          cooperative, the owner owns stock in the cooperative 
          housing and not any real property.  However, the units are 
          eligible for the homeowners' exemption for these 
          properties, and must be reassessed upon change of 
          ownership.

          This bill amends the parent-child exclusion from 
          reassessment to allow a parent to transfer his or her unit 
          or lot within a cooperative housing corporation to a child 
          without reassessment.

          Taxpayers can transfer the base year value of a property 
          that was substantially damaged or destroyed by misfortune 
          or calamity.  However, the definition of "substantially 
          damaged" requires a 50 percent loss of the fair market 
          value of the property.  In some areas of the state, a 
          damaged or destroyed home cannot result in more than a 50 
          percent loss because the surrounding land is highly 
          valuable, therefore denying the taxpayer the benefit.  

          This bill clarifies the definition of "substantially or 
          destroyed" to be consistent with two other sections of the 
          Revenue and Taxation law (Section 69 and 69.3).

          The current statutory definition for "seismic retrofitting" 
          refers to the items in a manual, the "Uniform Code for 
          Building Conservation of the International Conference of 
          Building Officials," but the manual changed its name to the 
          "International Existing Building Code."  The same section 
          refers to the "Uniform Building Code," which has been 
          replaced by the "International Building Code."  

          This bill updates the references by striking out the old 
          references and making the appropriate replacement.

          Proposition 177 (1994) excluded from reassessment as new 
          construction disabled access improvements.  However, the 
          statutory implementation refers to Proposition 177's 
          location in the Constitution before Proposition 13 (2010) 
          moved it.  

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          This bill changes the cross reference.

          Some sections of property tax law provide exemption from 
          property taxes, such as disabled veterans' and non-profit 
          entities, and specifies that the taxpayer can take the 
          exemption when selling a property and acquiring a new one - 
          the owner has an exemption, not the property.  However, 
          supplemental assessment law provides that the exemption 
          does not apply unless the transferee also qualifies which 
          conflicts with the exemption statutes.  

          This bill clarifies that the exemption before the transfer 
          terminates on the date of sale or transfer, and a new 
          exemption is available under the law, and deletes the 
          formerly conflicting supplemental assessment language.

          Eligible disabled veterans may apply for a property tax 
          exemption before January 1st of the calendar year for any 
          property acquired after the lien date.  However, if a 
          veteran purchases property late in the year, he/she may not 
          have enough time to submit the claim.  

          This bill extends the deadline for disabled veterans to 
          apply to 90 days after the property is eligible.

          Spouses may also claim the disabled veterans' exemption 
          from property tax, but the statute requires the assessor to 
          mail the annual notice of the exemption and its 
          requirements only to the disabled veterans.  The bill 
          changes the term to "claimants," and makes conforming 
          changes.

          Currently, four sections state the effective dates of 
          disabled veteran's exemptions: Section75.22 (supplemental 
          assessments), Section205.5 (general residency), 
          Section276.1 (USDVA rating), Section 279 (termination 
          events).  Also, surviving spouses of disabled veterans who 
          subsequently remarry can still claim the exemption.  

          This bill lists all the effective dates from the three 
          other sections into Section279, and adds a claimant spouse 
          remarrying to the list of disqualifying events.


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          Generally, county boards of equalization or assessment 
          appeals boards adjudicate property tax appeals and issue 
          penalties for failing to file specified information.  
          However, penalty abatement law directs taxpayers to appeal 
          to the County Board of Supervisors.  This bill substitutes 
          county boards of equalization and assessment appeals boards 
          for county board of supervisors to ensure that taxpayers 
          file request to abate penalties with appropriate body.

          Assessors can correct the property tax roll up to four 
          years after a valuation if he/she makes a mistake.  
          However, floating homes are not expressly listed in the 
          code section which allows the treatment, although they are 
          considered real property elsewhere in property tax law.  
          This bill adds floating homes to the list of properties 
          eligible for the assessors' roll correction authority.

          Currently, the BOE must make available as a public record 
          for ten days any refund in excess of $50,000 under all of 
          its tax and fee programs, except the Private Railroad Car 
          Tax.  That limit requires publication when the refund 
          exceeds $15,000.  

          This bill conforms the Private Railroad Car Tax refund 
          amount publication limit by raising it to $50,000.

           Comments
           
          Each year, the former Revenue and Taxation Committee 
          authored a measure to enact several changes to Property Tax 
          Law sponsored and approved unanimously by the BOE.  Many of 
          these measures are technical in nature, and enacting them 
          in separate measures isn't warranted.  Although this bill 
          may not be germane under a strict interpretation of the 
          single-subject and germaneness rules presented in 
          Californians for an  Open Primary v. McPherson  (2006), it 
          implements important and necessary changes to property tax 
          laws without taxing legislative resources.

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  Yes   
          Local:  Yes

          BOE states this bill effects on state revenues are 
          negligible.

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           SUPPORT  :   (Verified  5/17/11)

          State Board of Equalization



          AGB:do  5/17/11   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  SEE ABOVE

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