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CA AB3288

Bill

Status

Passed

7/15/2024

Primary Sponsor

Revenue and Taxation

Click for details

Origin

State Assembly

2023-2024 Session

AI Summary

  • Moves the deadline for taxing agencies to file objections to tax-defaulted property sales from before the date of sale to before the date of first publication of notice of intended sale.

  • Requires claims for excess proceeds from tax-defaulted property sales to be deposited in the United States mail in a sealed envelope or with an IRS-designated independent delivery service to be considered timely.

  • Establishes that claims for excess proceeds are deemed received on the post office cancellation mark date or the independent delivery service shipment date shown on the packing slip or air bill.

  • Specifies that if a mailed claim lacks an official postmark, the filing date is the date the county treasurer-tax collector's office receives it.

Legislative Description

Property taxation: tax-defaulted property sales: objections and excess proceeds.

Last Action

Chaptered by Secretary of State - Chapter 123, Statutes of 2024.

7/15/2024

Committee Referrals

Revenue and Taxation5/8/2024
Rules4/29/2024
Revenue and Taxation4/1/2024

Full Bill Text

No bill text available