Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2017

Revenue and Taxation Code

Property Taxation

Part 2. Assessment

CHAPTER 1. Taxation Base

Article 1. Taxable and Exempt Property

Section 201.2

201.2. Agricultural fair; use of county-owned property. (a) A nonprofit corporation which has contracted with the board of supervisors pursuant to Section 25905, 25906, 25907, or 25908 of the Government Code for the conduct of an agricultural fair, shall be deemed to be an agency of the county for purposes of this part and for no other purpose, and county-owned property, including possessory interests in that property, used or possessed by the nonprofit corporation in the conduct of an agricultural fair shall be exempt from taxation under subdivision (b) of Section 3 of Article XIII of the State Constitution.

(b) This section shall not be construed to exempt any profit-making organization or concessionaire from any property tax, including a property tax on a possessory interest, for the use of property which is used by a nonprofit corporation for the conduct of a fair.

History.—Added by Stats. 1982, Ch. 558, in effect January 1, 1983. Stats. 1991, Ch. 646, in effect January 1, 1992, deleted former subdivision (b) which provided "Any tax which is levied as a result of an assessment made of property described in subdivision (a) after January 1, 1982, shall, if unpaid, be cancelled and, if paid, be refunded."; relettered former subdivision (c) as subdivision (b).

Note.—Section 3 of Stats. 1982, Ch. 558, provided the Legislature finds and declares that the type of property described in Section 201.2 of the Revenue and Taxation Code, as added by this act, is property of a type which was not being assessed and taxed on January 1, 1973. Therefore, there shall be no reimbursement of local government of any property tax loss, and the State Board of Control shall accept no claims for reimbursement in that regard.