SB 964

  • California Senate Bill
  • 2023-2024 Regular Session
  • Introduced in Senate Jan 23, 2024
  • Senate
  • Assembly
  • Governor

Property tax: tax-defaulted property sales.

Abstract

Existing law generally authorizes a county tax collector to sell tax-defaulted property 5 years or more, or 3 years or more, as applicable, after that property has become tax defaulted, to any person, regardless of any prior or existing lien on, claim to, or interest in, the property, as specified. Existing law also generally authorizes the sale to certain entities of a property that has been tax defaulted for 5 years or more, or 3 years or more, as applicable, in an applicable county, including by authorizing the state, county, any revenue district the taxes of which on the property are collected by county officers, or a redevelopment agency created pursuant to the California Community Redevelopment Law, to purchase the property or any part thereof, as prescribed. Existing law also authorizes a nonprofit organization to purchase, with the approval of the board of supervisors of the county in which it is located, a residential or vacant property that has been tax defaulted for 5 years or more, or 3 years or more if the property is subject to a nuisance abatement lien, as prescribed. Existing law requires the sales price of a property sold pursuant to the provisions described or referenced above to include certain amounts, including all defaulted taxes and assessments and all associated penalties and costs. This bill would authorize a property or property interest to be offered for sale under the provisions described above authorizing a sale to certain entities that has not been offered for sale under the provisions described above authorizing a sale to any person if the State Board of Equalization conducts a property valuation that shows that the property or property interest is worth less than the amount of the defaulted debt, as specified.

Bill Sponsors (1)

Votes


Actions


May 16, 2024

Senate

May 16 hearing: Held in committee and under submission.

May 14, 2024

Senate

Set for hearing May 16.

May 13, 2024

Senate

May 13 hearing: Placed on APPR suspense file.

May 03, 2024

Senate

Set for hearing May 13.

Apr 25, 2024

Senate

Read second time and amended. Re-referred to Com. on APPR.

  • Amendment-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on APPR.

Apr 24, 2024

Senate

From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 6. Noes 0. Page 3758.) (April 24).

Apr 16, 2024

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on REV. & TAX.

  • Amendment-Passage
  • Committee-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on REV. & TAX.

Apr 12, 2024

Senate

Set for hearing April 24.

Apr 02, 2024

Senate

April 10 set for first hearing canceled at the request of author.

Mar 19, 2024

Senate

Set for hearing April 10.

Mar 05, 2024

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on REV. & TAX.

  • Amendment-Passage
  • Committee-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on REV. & TAX.

Feb 21, 2024

Senate

Referred to Com. on REV. & TAX.

  • Referral-Committee
Com. on REV. & TAX.

Jan 24, 2024

Senate

From printer. May be acted upon on or after February 23.

Jan 23, 2024

Senate

Introduced. Read first time. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB964 HTML
01/23/24 - Introduced PDF
03/05/24 - Amended Senate PDF
04/16/24 - Amended Senate PDF
04/25/24 - Amended Senate PDF

Related Documents

Document Format
04/22/24- Senate Revenue and Taxation PDF
05/10/24- Senate Appropriations PDF

Sources

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