Is Cal. Rev. & Tax. Code § 5813 — Determination of Taxable Values still in force?

Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 5813 — Determination of Taxable Values

Cal. Rev. & Tax. Code § 5813

Type: Statute
Source: California Revenue and Taxation Code
Jurisdiction: California
Date: 2003-01-01
Current through: Nov 2, 2026 (California Legislative Counsel)

For each lien date after the lien date for which the base year value is determined, the taxable value of a manufactured home shall be the lesser of:

Citator

Cal. Rev. & Tax. Code § 5813 — Determination of Taxable Values is in force in the current edition of the Code, and nothing recorded condemns it.

For each lien date after the lien date for which the base year value is determined, the taxable value of a manufactured home shall be the lesser of:

(a) Its base year value, compounded annually since the base year by an inflation factor, which shall be the percentage change in the cost of living, as defined in Section 51, provided, that any percentage increase shall not exceed 2 percent of the prior year’s value; or

(b) Its full cash value, as defined in Section 5803, as of the lien date, taking into account reductions in value due to damage, destruction, depreciation, obsolescence, or other factors causing a decline in value; or

(c) If the manufactured home is damaged or destroyed by disaster, misfortune, or calamity, its value determined pursuant to (b) shall be its base year value until the manufactured home is restored, repaired or reconstructed or other provisions of law require establishment of a new base year value.