Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2013
 

Revenue and Taxation Code

Property Taxation

Part 5. Collection of Taxes

CHAPTER 2.1. Collection in Equal Installments

Section 2705

2705. Second installment. The second half of taxes on the secured roll, if unpaid, is delinquent at 5 p.m., or the close of business, whichever is later, on April 10, and thereafter a delinquent penalty of 10 percent attaches to it.

History.—Added by Stats. 1945, p. 1872, in effect June 23, 1945. Stats. 1947, p. 2500, operative July 1, 1948, increased penalty from 3 percent to 6 percent. Stats. 1953, p. 2267, operative as to taxes which become a lien on and afterJanuary 1, 1954, substituted "10th" for "20th." 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, deleted "April 10th" after "is delinquent" and added "or the close . . . April 10," after "5 p.m.,".