CA SB989

Requires county assessors to print a disclosure on tax bills for properties purchased, newly constructed, or changed in ownership within the preceding year, summarizing property tax relief under Section 69.6 and deferment procedures.

Allows property owners to defer payment of property taxes without penalty or interest if they claim property tax relief but the assessor has not completed eligibility determination, provided they request deferment within one calendar year but before January 1, 2024 of receiving the first tax bill.

Defers tax payments until the county assessor either reassesses and sends a corrected bill or determines the property is ineligible for relief; corrected first installments are due by December 10 or 30 days after bill mailing, whichever is later.

Applies mandatorily to counties with populations over 4,000,000 (per 2020 census) and allows other counties to comply if their board of supervisors adopts a resolution after consulting with the assessor, auditor, treasurer, and tax collector.

Sunsets on January 1, 2026, and takes effect immediately as an urgency statute.