Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 75.18 — Application of Inflation Rate
Cal. Rev. & Tax. Code § 75.18
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 1996-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
On and after July 1, 1997, if the actual date of the most recent change in ownership or completion of new construction entered on the supplemental roll occurs between January 1, and June 30, then the new base year value shall be adjusted on the January 1 following the change in ownership or…
Citator
Cal. Rev. & Tax. Code § 75.18 — Application of Inflation Rate is in force in the current edition of the Code, and nothing recorded condemns it.
On and after July 1, 1997, if the actual date of the most recent change in ownership or completion of new construction entered on the supplemental roll occurs between January 1, and June 30, then the new base year value shall be adjusted on the January 1 following the change in ownership or completion of new construction by the inflation factor, which shall be determined as provided in subdivision (a) of Section 51.