Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2011
Revenue and Taxation Code
Part 2. Assessment
Chapter 3. Assessment Generally
Article 1.5. Valuation of Open-Space Land Subject to an Enforceable Restriction*
429. Valuation of trees and vines. Notwithstanding the provisions of Section 105(b) of this code, in valuing land enforceably restricted pursuant to this article, fruit-bearing or nut-bearing trees and vines on the land and not exempt from taxation shall be valued as land. Any income shall include that which can be expected to be derived from such trees and vines and no other value shall be given such trees and vines for the purpose of assessment.
History.—Added by Stats. 1969, p. 1705, operative March 1, 1970. Stats. 1974, Ch. 311, p. 607, in effect January 1, 1975, substituted "enforceably restricted" for "subject to an enforceable restriction" in the first sentence.
* Stats. 1969, p. 1930, in effect November 10, 1969, repealed Section 4 of Stats. 1967, p. 3651, which made Article 1.5 operative only until the 61st day following adjournment of the Regular Session of the 1970 Legislature.