Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2013
Revenue and Taxation Code
Part 9. Corrections, Cancellations, and Refunds
Chapter 4. Cancellations
Article 5. Cancellation of Taxes on Exempt Property*
(a) Property acquired by the United States that becomes exempt from taxation under the laws of the United States.
(b) Property acquired by the state or by a county, city, school district, or other public entity, that becomes exempt from taxation under the laws of the state.
* Article 5 was added by Stats. 1979, Ch. 31, in effect January 1, 1980.