Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2014
 

Revenue and Taxation Code

Property Taxation

Part 4. Levy of Tax

Chapter 3. Reimbursement for Costs Mandated by the State

Article 2. General Provisions

Section 2237.5

2237.5. Unsecured roll; tax rates. For the 1979–80 fiscal year and thereafter, except as provided by subdivision (b) of Section 12 of Article XIII of the Constitution, for purposes of computing tax rates on the unsecured tax roll, the county auditor may add to the 1 percent rate the rate levied on the prior year's secured tax roll for indebtedness approved by the voters prior to July 1, 1978, and bonded indebtedness for the acquisition or improvement of real property approved by two-thirds of the voters on or after June 4, 1986, as described in subdivision (b) of Section 1 of Article XIIIA of the California Constitution.

History.—Added by Stats. 1980, Ch. 60, in effect April 11, 1980. Stats. 1986, Ch. 1457, effective January 1, 1987, added "and bonded indebtedness for the acquisition or improvement of real property approved by two-thirds of the voters on or after June 4, 1986," after "July 1, 1978".

Note.—Section 29 of Stats. 1986, Ch. 1457, provided that no reimbursement is required by this act pursuant to Section 6 of Article XIIIB of the California Constitution.