Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2014
 

Revenue and Taxation Code

Property Taxation

Part 2. Assessment

Chapter 3. Assessment Generally

Article 1.5. Valuation of Open-Space Land Subject to an Enforceable Restriction*

Section 421.5

421.5. Definitions. For purposes of this article, the following terms have the following meaning:

(a) "Agricultural conservation easement" shall have the same meaning as defined in Section 10211 of the Public Resources Code.

(b) "Open-space land" includes land subject to an agricultural conservation easement.

History.—Added by Stats. 1995, Ch. 931, in effect January 1, 1996. Stats. 2002, Ch. 616 (SB 1864), in effect January 1, 2003, deleted "a conservation easement, as" after "same meaning as" and substituted "Section 10211 of the Public Resources Code" for "Section 815.1 of the Civil Code" after "defined in" in the first sentence of subdivision (a).

* Stats. 1969, p. 1930, in effect November 10, 1969, repealed Section 4 of Stats. 1967, p. 3651, which made Article 1.5 operative only until the 61st day following adjournment of the Regular Session of the 1970 Legislature.