Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2010
 

Revenue and Taxation Code

Property Taxation

Part 0.5. Implementation of Article XIII A of the California Constitution

Chapter 6. Allocation of Property Tax Revenue

Article 6. Miscellaneous Provisions

Section 100.05

100.05. Property tax revenue allocation; suspension of prohibition of local government reductions. Subparagraph (A) of paragraph (1) of subdivision (a) of Section 25.5 of Article XIII of the California Constitution is hereby suspended for the 2009–10 fiscal year.

History.—Added by Stats. 2009, Ch. 13 of the Fourth Extraordinary Session (AB 14), in effect July 28, 2009.

Note.—Section 2 of Stats. 2009, Ch. 13 of the Fourth Extraordinary Session (AB 14), provided that the Legislature finds and declares that this act addresses the fiscal emergency declared by the Governor by proclamation on July 1, 2009, pursuant to subdivision (f) of Section 10 of Article IV of the California Constitution.

Section 3 thereof provided that the Legislature also finds that this act is an urgency statute necessary for the immediate preservation of the public peace, health, or safety within the meaning of Article IV of the Constitution and shall go into immediate effect. The facts constituting the necessity are:

In order to address the current severe state fiscal hardship, it is necessary that this act go into immediate effect.