Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2017

Revenue and Taxation Code

Property Taxation

Part 0.5. Implementation of Article XIII A of the California Constitution

Chapter 3.5. Change in Ownership and New Construction After the Lien Date

Article 3. Exemptions

Section 75.24

75.24. Determination of exemption eligibility; qualified organizations—180 days. (a) Notwithstanding Section 75.22, a property shall be eligible for exemption from the supplemental assessment if the organization claiming the exemption is a qualified organization and meets the qualifications for the exemption established by this part no later than 180 days after the date of the change in ownership or the completion of new construction.

(b) For purposes of this section, "qualified organization" means an organization that qualifies as an exempt organization under Section 501(c)(3) of the Internal Revenue Code.

History.—Added by Stats. 2008, Ch. 201 (AB 3035), in effect January 1, 2009.