state_legiscan_drain · CA
Property tax: documentary transfer tax: exemptions: nonprofit corporations chartered under tribal or federal law.
February 18, 2026
Summary
If enacted, this bill would amend California's Revenue and Taxation Code to extend the documentary transfer tax exemption to nonprofit corporations chartered under tribal or federal law, and would also adjust related property tax exemption provisions. The change would affect entities involved in real estate transfers where such nonprofits are parties—such as title companies, escrow agents, and possibly lenders or servicers handling transfer documentation—but it would not directly regulate mortgage lending practices.
AI-generated summary · Sep 6, 2026. Verify with your compliance counsel before acting.
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Source: https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB2167
Common questions
- What does "Property tax: documentary transfer tax: exemptions: nonprofit corporations chartered under tribal or federal law." cover?
- If enacted, this bill would amend California's Revenue and Taxation Code to extend the documentary transfer tax exemption to nonprofit corporations…
- When was it published?
- It was published on February 18, 2026.