summary
Introduced
02/01/2023
02/01/2023
In Committee
02/09/2023
02/09/2023
Crossed Over
Passed
Dead
02/01/2024
02/01/2024
Introduced Session
2023-2024 Session
Bill Summary
An act to add Section 169.5 to the Revenue and Taxation Code, relating to taxation.
AI Summary
This bill requires the California Department of Tax and Fee Administration to conduct or commission a study on the efficacy of implementing a statewide land value taxation system as an alternative to the current real property taxation methods. The study is required to be provided to the Legislature by January 1, 2025. The bill also provides background information on land value taxation, noting that it has been implemented in various countries and has led to economic benefits in some locations.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. (on 02/01/2024)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202320240AB362 |
| BillText | https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202320240AB362#99INT |
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