CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Assembly Bill No. 528Introduced by Assembly Member WicksFebruary 10, 2021 An act to amend Section 3776 of the Revenue and Taxation Code, relating to taxation. LEGISLATIVE COUNSEL'S DIGESTAB 528, as introduced, Wicks. Property taxation: tax certificates: sale to taxing agencies.Existing property tax law prohibits a parcel for which a tax certificate has been sold and not canceled from being sold or deeded to any taxing agency unless the taxing agency deposits into the applicable tax certificate redemption fund the total amount required to be paid to the holder of the tax certificate, as provided.This bill would make nonsubstantive changes to this provision.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 3776 of the Revenue and Taxation Code is amended to read:3776. Notwithstanding anything to the contrary, no a parcel for which a tax certificate has been sold and not canceled shall not be sold or deeded to any taxing agency unless the taxing agency deposits into the applicable tax certificate redemption fund, held by the tax collector, the total amount required to be paid to the holder of the tax certificate pursuant to Section 4527.
CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Assembly Bill No. 528Introduced by Assembly Member WicksFebruary 10, 2021 An act to amend Section 3776 of the Revenue and Taxation Code, relating to taxation. LEGISLATIVE COUNSEL'S DIGESTAB 528, as introduced, Wicks. Property taxation: tax certificates: sale to taxing agencies.Existing property tax law prohibits a parcel for which a tax certificate has been sold and not canceled from being sold or deeded to any taxing agency unless the taxing agency deposits into the applicable tax certificate redemption fund the total amount required to be paid to the holder of the tax certificate, as provided.This bill would make nonsubstantive changes to this provision.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION
Assembly Bill
No. 528
Introduced by Assembly Member WicksFebruary 10, 2021
Introduced by Assembly Member Wicks
February 10, 2021
An act to amend Section 3776 of the Revenue and Taxation Code, relating to taxation.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
AB 528, as introduced, Wicks. Property taxation: tax certificates: sale to taxing agencies.
Existing property tax law prohibits a parcel for which a tax certificate has been sold and not canceled from being sold or deeded to any taxing agency unless the taxing agency deposits into the applicable tax certificate redemption fund the total amount required to be paid to the holder of the tax certificate, as provided.This bill would make nonsubstantive changes to this provision.
Existing property tax law prohibits a parcel for which a tax certificate has been sold and not canceled from being sold or deeded to any taxing agency unless the taxing agency deposits into the applicable tax certificate redemption fund the total amount required to be paid to the holder of the tax certificate, as provided.
This bill would make nonsubstantive changes to this provision.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 3776 of the Revenue and Taxation Code is amended to read:3776. Notwithstanding anything to the contrary, no a parcel for which a tax certificate has been sold and not canceled shall not be sold or deeded to any taxing agency unless the taxing agency deposits into the applicable tax certificate redemption fund, held by the tax collector, the total amount required to be paid to the holder of the tax certificate pursuant to Section 4527.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 3776 of the Revenue and Taxation Code is amended to read:3776. Notwithstanding anything to the contrary, no a parcel for which a tax certificate has been sold and not canceled shall not be sold or deeded to any taxing agency unless the taxing agency deposits into the applicable tax certificate redemption fund, held by the tax collector, the total amount required to be paid to the holder of the tax certificate pursuant to Section 4527.
SECTION 1. Section 3776 of the Revenue and Taxation Code is amended to read:
### SECTION 1.
3776. Notwithstanding anything to the contrary, no a parcel for which a tax certificate has been sold and not canceled shall not be sold or deeded to any taxing agency unless the taxing agency deposits into the applicable tax certificate redemption fund, held by the tax collector, the total amount required to be paid to the holder of the tax certificate pursuant to Section 4527.
3776. Notwithstanding anything to the contrary, no a parcel for which a tax certificate has been sold and not canceled shall not be sold or deeded to any taxing agency unless the taxing agency deposits into the applicable tax certificate redemption fund, held by the tax collector, the total amount required to be paid to the holder of the tax certificate pursuant to Section 4527.
3776. Notwithstanding anything to the contrary, no a parcel for which a tax certificate has been sold and not canceled shall not be sold or deeded to any taxing agency unless the taxing agency deposits into the applicable tax certificate redemption fund, held by the tax collector, the total amount required to be paid to the holder of the tax certificate pursuant to Section 4527.
3776. Notwithstanding anything to the contrary, no a parcel for which a tax certificate has been sold and not canceled shall not be sold or deeded to any taxing agency unless the taxing agency deposits into the applicable tax certificate redemption fund, held by the tax collector, the total amount required to be paid to the holder of the tax certificate pursuant to Section 4527.