CA SB1506

Requires tax collector notices of default, intended sale, proposed sale, and power of sale to constitute a "notice of tax deficiency" under federal bankruptcy law (11 U.S.C. § 362(b)(9)(B)) when the property is subject to a bankruptcy proceeding.

Amends Revenue and Taxation Code Sections 3365, 3691, 3691.1, 3701, and 3704.7 to add this bankruptcy-related provision across all property tax sale notice requirements.

Allows tax collector notices to operate as exceptions to the federal automatic stay that normally halts collection actions during bankruptcy proceedings.

Applies to notices involving tax-defaulted property that has not been redeemed, including notices sent to assessees and parties of interest prior to public auction.