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state_legiscan_drain · CA

Real property tax: welfare exemption: moderate-income housing.

February 21, 2025

Summary

If enacted, this bill would amend California's welfare property tax exemption under Revenue and Taxation Code Section 214 to include moderate-income housing, providing a property tax exemption for qualifying properties. It would affect owners, developers, and local taxing authorities involved in moderate-income housing, but does not directly regulate lending, servicing, or insurance activities.

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=202520260AB1294

Common questions

What does "Real property tax: welfare exemption: moderate-income housing." cover?
If enacted, this bill would amend California's welfare property tax exemption under Revenue and Taxation Code Section 214 to include moderate-income…
When was it published?
It was published on February 21, 2025.

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