CA AB2142

Amends Section 96.15 of the Revenue and Taxation Code to clarify property tax revenue allocations when a qualifying city merges with a special district.

Requires county auditors to allocate to the successor qualifying city any ad valorem property tax revenue that would have otherwise been allocated to the merged special district.

Makes nonsubstantive grammatical and formatting changes to existing law, including replacing "in the event" with "if" and clarifying reference citations.

Confirms and clarifies the county auditor's duty and authority under Government Code Section 57087.3 to allocate property tax revenues from merged subsidiary districts to qualifying cities.