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CA SB1437

Bill

Status

Introduced

3/11/2026

Primary Sponsor

Revenue and Taxation

Click for details

Origin

Senate

2025-2026 Regular Session

AI Summary

  • Extends the rebuttable presumption for full cash value assessments of intercounty pipeline rights-of-way from the 2025–26 tax year to the 2030–31 tax year
  • Continues the established 1975–76 base year valuation methodology with per-mile rates of $20,000 for high-density areas, $12,000 for transitional-density areas, and $9,000 for low-density areas, adjusted annually for inflation
  • Extends the period for reappraisable events (changes in ownership, new construction) from June 30, 2026 to June 30, 2031
  • Delays the automatic repeal date of Section 401.10 of the Revenue and Taxation Code from January 1, 2027 to January 1, 2032
  • Requires no appropriation, has no fiscal committee review, and passes with a majority vote

Legislative Description

Property taxation: intercounty pipeline: right-of-way assessment: full cash value.

Last Action

From printer. May be acted upon on or after April 11.

3/12/2026

Committee Referrals

Rules3/11/2026

Full Bill Text

No bill text available