CA AB2089

Extends indefinitely the relief from interest and penalties on delinquent property taxes for properties applying for the welfare tax exemption while facilities are under construction (previously set to expire April 10, 2031)

Adds new eligibility category for properties that previously had a welfare tax exemption but lost it due to a change in control, change in ownership, or removal/resignation/replacement of a nonprofit managing general partner

New eligibility category for properties that lost their exemption applies to property tax installments due and payable from December 10, 2027

Requires property owners to demonstrate the interest/penalty relief is necessary to continue maintaining the welfare exemption on the property

Provides for state reimbursement to local agencies if the Commission on State Mandates determines the bill imposes state-mandated costs on local tax officials