California Revenue and Taxation Code

§ 110.1

RTC § 110.1 Effective Jul 21, 2017Div. 1 · Part 1 · Ch. 1

Statute text

(a)For purposes of subdivision (a) of Section 2 of Article XIII A of the California Constitution, “full cash value” of real property, including possessory interests in real property, means the fair market value as determined pursuant to Section 110 for either of the following:

(1)The 1975 lien date.

(2)For property which is purchased, is newly constructed, or changes ownership after the 1975 lien date, either of the following:

…

Legislative history

Amended by Stats. 2017, Ch. 80, Sec. 4. (AB 652) Effective July 21, 2017.