← All regulatory updates

state_legiscan_drain · CA

Property tax: welfare exemption: detention facilities.

February 18, 2025

Summary

If enacted, this bill would add Section 214.12 to the California Revenue and Taxation Code to extend the welfare property tax exemption to certain detention facilities, exempting them from property tax. This affects owners and operators of such facilities, including private entities, but does not directly impact lenders, servicers, insurers, or mortgage originators.

AI-generated summary · Aug 30, 2026. Verify with your compliance counsel before acting.

How this was generated

We record the exact prompt, model, and output for every AI response so it can be audited for accuracy.

Source: https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB420

Common questions

What does "Property tax: welfare exemption: detention facilities." cover?
If enacted, this bill would add Section 214.12 to the California Revenue and Taxation Code to extend the welfare property tax exemption to certain…
When was it published?
It was published on February 18, 2025.

Get the free weekly digest

Every mortgage regulatory change, summarized, in your inbox. No account needed.

Stop missing the rule that costs you a loan.