Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2014
Property Tax Annotations
490.0000 GOVERNMENT-OWNED PROPERT
490.0004 Hospital District. If a hospital district purchases a partial interest in real property located within its boundaries, the property, to the extent of the interest purchased, is exempt from property tax under section 3(b) of article XIII of the California Constitution. There is no legal requirement that the district own a 100 percent interest in the property in order to obtain exemption. C 8/25/1992.