Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2018

Revenue and Taxation Code

Property Taxation

Part 7. Redemption

Chapter 3. Redemption After Payment of Delinquent Taxes in Installments

Article 2. Permanent Installment Plan

Section 4222.5

4222.5. Deferral; defaulted taxes paid on installment plan. (a) Notwithstanding any other provision of this article, the tax collector of any county which was designated by the Governor to be in a state of disaster as the result of the fires which occurred in 1987, may defer for a period of one year payments under an installment plan if all of the following conditions are met:

(1) The installment plan was already in existence at the time deferral is requested by the assessee or the agent of the assessee.

(2) The assessee or the agent of the assessee can establish to the satisfaction of the tax collector that the assessee incurred substantial business losses of at least five thousand dollars ($5,000) in connection with his or her property as a result of the 1987 fires.

(3) The assessee or the agent of the assessee files an application for deferral with the tax collector on or before September 1, 1988.

(4) The assessee is not receiving any other disaster relief relating to the 1987 fires.

(b) This section does not preclude the assessment of interest in connection with the deferral of any installment payment. Any interest so assessed shall be due and payable together with the deferred installment payment.

(c) For purposes of this section, "substantial business losses" means net business losses incurred by the assessee after accounting for the assessee's receipt of any federal disaster aid, state disaster aid, related insurance loss claim payments, or property tax relief under Chapter 6 (commencing with Section 197) of Part 2.

History.—Added by Stats. 1988, Ch. 439, in effect August 22, 1988.