Statute · California Government Code
Cal. Gov't Code § 62551.2 — Special Taxes
Cal. Gov't Code § 62551.2
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2025-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Subject to Section 4 of Article XIIIA of the California Constitution, an authority may impose, by resolution, a special parcel tax on a property owner, and related affiliates, that own a rental housing portfolio that exceeds 500 units.
Citator
Cal. Gov't Code § 62551.2 — Special Taxes is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Subject to Section 4 of Article XIIIA of the California Constitution, an authority may impose, by resolution, a special parcel tax on a property owner, and related affiliates, that own a rental housing portfolio that exceeds 500 units.
(b) The special tax may have graduated tax rates with incrementally higher rates applying for larger portfolios.
(c) The special tax shall be assessed annually and include exemptions for nonprofit entities and affordable housing operators.