Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2014
 

Revenue and Taxation Code

Property Taxation

Part 5. Collection of Taxes

CHAPTER 2.1. Collection in Equal Installments

Section 2704

2704. Delinquent penalties; first installment. All taxes due November 1, if unpaid, are delinquent at 5 p.m., or the close of business, whichever is later, on December 10, and thereafter a delinquent penalty of 10 percent attaches to them.

History.—Added by Stats. 1945, p. 1872, in effect June 23, 1945. Stats. 1947, p. 2500, operative July 1, 1948, deleted second sentence providing for an additional penalty of 3 percent if taxes not paid before delinquency of second half of taxes on secured roll. Stats. 1951, p. 1454, in effect September 22, 1951, operative as to taxes which become a lien on property on or after January 1, 1952, substituted "December 10th" for "December 5th." Stats. 1981, Ch. 366, in effect January 1, 1982, increased the penalty from 6 percent to 10 percent. Stats. 1991, Ch. 532, in effect January 1, 1992, substituted "1" for "1st" after "November", deleted "December 10th" after "are delinquent", and added "or the close . . . December 10," after "5 p.m.,".