Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2012

Revenue and Taxation Code

Property Taxation

Part 8. Distribution

CHAPTER 3. Alternative Method of Distribution of Tax Levies and Collections and of Tax Sale Proceed

Section 4703.1

4703.1. Temporary increase in secured tax delinquency. (a) Notwithstanding subdivision (c) of Section 4703, a county utilizing the procedure set forth in subdivision (b) of Section 4703 shall not be penalized or required to comply with subdivision (a) of Section 4703, provided that the secured tax delinquency for that county for the 1991–92 fiscal year did not exceed 4 percent on June 30, 1992.

(b) This section shall become inoperative on July 1, 1993, and, as of January 1, 1994, is repealed, unless a later enacted statute that becomes effective on or before January 1, 1994, deletes or extends those dates.

History.—Added by Stats. 1992, Ch. 523, in effect January 1, 1993.