Loading chat...
CA AB2167
Bill
Status
Introduced
2/18/2026
Primary Sponsor
Alexandra Macedo
Click for details
AI Summary
- Expands property tax exemptions for land used for conservation, native plant/animal preservation, and open-space recreation to include corporations chartered under tribal law, in addition to federally recognized Indian tribes and their wholly owned subsidiaries
- Extends documentary transfer tax exemptions for tribal land return transactions to cover transfers to corporations chartered under tribal law, not just federally recognized tribes directly
- Tribal land return transactions must include restrictive covenants prohibiting commercial activities and limiting uses to cultural, educational, recreational, or conservation purposes to qualify for the exemption
- Property tax exemptions apply to lien dates from fiscal years 2026–27 through 2031–32; documentary transfer tax exemption expires January 1, 2031
- Requires the Board of Equalization to publish annual reports by March 1 starting in 2028, tracking total acreage exempted, number of qualifying transactions, land values transferred, and taxes exempted
Legislative Description
Property tax: documentary transfer tax: exemptions: corporations chartered under tribal law.
Last Action
Re-referred to Com. on REV. & TAX.
3/3/2026
Committee Referrals
Revenue and Taxation3/2/2026
Full Bill Text
No bill text available