CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Senate Bill No. 653Introduced by Senator ArchuletaFebruary 16, 2023 An act relating to taxation. LEGISLATIVE COUNSEL'S DIGESTSB 653, as introduced, Archuleta. Property taxation: exemptions.The California Constitution provides that all property is taxable, and requires that it be assessed at the same percentage of fair market value, unless otherwise provided by the California Constitution or federal law. The California Constitution and existing property tax law provide various exemptions from taxation, including, among others, a homeowners property tax exemption and a veterans exemption. This bill would state the intent of the Legislature to enact legislation that would allow individuals to claim both the homeowners property tax exemption and the veterans exemption. 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. It is the intent of the Legislature to enact legislation that would allow individuals to claim both the homeowners property tax exemption and the veterans exemption.
CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Senate Bill No. 653Introduced by Senator ArchuletaFebruary 16, 2023 An act relating to taxation. LEGISLATIVE COUNSEL'S DIGESTSB 653, as introduced, Archuleta. Property taxation: exemptions.The California Constitution provides that all property is taxable, and requires that it be assessed at the same percentage of fair market value, unless otherwise provided by the California Constitution or federal law. The California Constitution and existing property tax law provide various exemptions from taxation, including, among others, a homeowners property tax exemption and a veterans exemption. This bill would state the intent of the Legislature to enact legislation that would allow individuals to claim both the homeowners property tax exemption and the veterans exemption. Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION
Senate Bill
No. 653
Introduced by Senator ArchuletaFebruary 16, 2023
Introduced by Senator Archuleta
February 16, 2023
An act relating to taxation.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
SB 653, as introduced, Archuleta. Property taxation: exemptions.
The California Constitution provides that all property is taxable, and requires that it be assessed at the same percentage of fair market value, unless otherwise provided by the California Constitution or federal law. The California Constitution and existing property tax law provide various exemptions from taxation, including, among others, a homeowners property tax exemption and a veterans exemption. This bill would state the intent of the Legislature to enact legislation that would allow individuals to claim both the homeowners property tax exemption and the veterans exemption.
The California Constitution provides that all property is taxable, and requires that it be assessed at the same percentage of fair market value, unless otherwise provided by the California Constitution or federal law. The California Constitution and existing property tax law provide various exemptions from taxation, including, among others, a homeowners property tax exemption and a veterans exemption.
This bill would state the intent of the Legislature to enact legislation that would allow individuals to claim both the homeowners property tax exemption and the veterans exemption.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. It is the intent of the Legislature to enact legislation that would allow individuals to claim both the homeowners property tax exemption and the veterans exemption.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. It is the intent of the Legislature to enact legislation that would allow individuals to claim both the homeowners property tax exemption and the veterans exemption.
SECTION 1. It is the intent of the Legislature to enact legislation that would allow individuals to claim both the homeowners property tax exemption and the veterans exemption.
SECTION 1. It is the intent of the Legislature to enact legislation that would allow individuals to claim both the homeowners property tax exemption and the veterans exemption.
### SECTION 1.