CA AB2643

Eliminates the exception that previously prevented tax collectors from applying refunds to delinquent taxes when a replicated tax payment was submitted.

Limits penalty relief for taxpayers with pending informal property value reviews to the difference between the county assessor's final determination and the assessment roll value, and allows penalties to be waived if 80% of final tax is paid within 30 days of filing a reassessment application.

Requires county tax collectors to notify taxpayers of penalty relief provisions and mandates county board of supervisors approval (with tax collector and auditor consent) before these provisions apply in a county.

Extends the deadline for county treasurers to report the county pool apportioned interest rate to the State Controller from 60 to 90 days after the end of each fiscal year.