California

 The California Board of Equalization in December 2013 issued guidance to advise nonprofit real-estate owners of the property tax consequences of hosting on their tax exempt properties solar generating equipment owned by for-profit renewable energy developers.  Hosting developers in this fashion has seen a burgeoning of distributed solar power, particularly in California.  But nonprofits, such as churches and hospitals, have been reluctant to join with developers out of fear that their participation could jeopardize in whole or part their exemption from property taxes.  That caution is justified: loss of all or part of a property tax exemption not only increases the cost of electricity due to the additional property tax burden, it might impact the nonprofit’s tax exempt bond financing by triggering a reporting covenant or even constituting an event of default (if the property were developed with tax exempt financing). Read More

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 The recovery of the Bay Area’s real estate markets has muted the public outcry to change Proposition 13’s restrictions on assessed value increases. Passed in 1978, Proposition 13 has come under fire for fostering unequal tax burdens. Read More

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 Almost 36 years after it was passed by voters, controversy continues to swirl around Proposition 13, the 1978 tax limitation measure. Periodic calls to repeal or modify it, supposedly to gain more tax revenue, so far have gone nowhere. Read More

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Tracy Kennedy Desmond, Madera County treasurer, said the amount of overpayments was unusually high this year. Refunds for each overpayment will not be received until after Jan. 20. Read More

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The California Supreme Court sided with prosecutors in a ruling Monday, Dec. 23 that found that Rancho Cucamonga developer Jeff Burum can be tried on charges of aiding and abetting in the receipt of a bribe. Read More

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In his recent article advocating for an oil severance tax, The Times' Michael Hiltzik makes a bold statement, calling Californians dumb for not imposing a severance tax on California oil companies. Read More
 

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While Peter Schrag continues to call for higher property taxes in his op-ed “Reform unfair commercial property tax system” (Viewpoints, Dec. 13), he fails to mention the consequences of a “split roll,” which proposes regular reassessments on commercial properties. Read More

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California is the only major oil-producing state that does not tax the goo as it's pumped from the ground. And that seems bizarre. Read More
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The county assessor has won a Mill Valley case involving a bid to circumvent Proposition 13. Read More

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Pacific Gas and Electric Company (PG&E) paid property taxes totaling more than $158 million this week to the 49 counties in which it operates in Northern and Central California. Read More

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Officials want to limit the amount of revenue Santa Monica loses each year in the form of tax breaks to historic property owners. Read more

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 Dan McAllister, the San Diego County Treasurer-Tax Collector announced that this week his office will begin to mail default notices to taxpayers who failed to pay their first, second or both installments of the 2012-2013 property tax bill(s) or have a prior year unpaid tax bill. The bill reflects a 10% penalty previously added to each unpaid installment and an added 1.5% per month (18% per year) penalty. Penalties will continue to accrue until the bill is paid in full. Read More

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Four years ago, Lou Correa, a Democratic state senator from Orange County, refused to vote for a state budget deal until then-Gov. Arnold Schwarzenegger and other legislators agreed to give his county more money. Read More

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If Guv Brown and his union/Democrat buddies have their way, we will change Prop. 13, so that commercial property is taxed at a higher rate than single family homes.  Per a Pepperdine University study, this will transfer $6 billion from jobs and businesses to government.  Read More

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Has anyone started a pool on how long Proposition 13 will remain standing, the way it now stands? Read More

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