Loading chat...
CA AB1516
Bill
Status
Passed
7/28/2025
Primary Sponsor
Revenue and Taxation
Click for details
AI Summary
- Claims for active solar energy system property tax exclusions by initial purchasers of new buildings are considered timely if filed within three years of the purchase date, effective January 1, 2027
- Claims filed after the three-year deadline will apply beginning on the lien date of the assessment year in which the claim is filed, rather than being denied entirely
- Public schools are added to the list of entities eligible for 90% cancellation or refund of taxes, penalties, and interest when property tax exemption applications are filed late
- Public schools are added to entities that can receive full cancellation or refund of property taxes on property acquired after the lien date but before the fiscal year begins, if an exemption application is filed within 90 days or by February 15
- The active solar energy system new construction exclusion remains in effect for fiscal years 1999-2000 through 2025-26, with qualified systems continuing to be excluded after January 1, 2027 until a change in ownership occurs
Legislative Description
Real property taxation.
Last Action
Chaptered by Secretary of State - Chapter 72, Statutes of 2025.
7/28/2025
Committee Referrals
Appropriations6/25/2025
Revenue and Taxation5/28/2025
Rules5/15/2025
Appropriations4/22/2025
Revenue and Taxation3/24/2025
Full Bill Text
No bill text available