Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2015
Property Tax Annotations
490.0000 GOVERNMENT-OWNED PROPERTY
490.0045 Public Facility Corporations. Legal entities created by governmental agencies are not themselves governmental agencies, and property owned by such an entity cannot be deemed to be owned by the agency that formed it unless there is specific legislation so providing. In some instances, it may be possible for such an entity to qualify for the welfare exemption under Revenue and Taxation Code section 231 if all of the requirements of that section are met. C 9/17/1987; C 5/16/1996.