| 1 | 1 | | CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Assembly Bill No. 1416Introduced by Assembly Member TaFebruary 21, 2025 An act to amend Section 4222.5 of the Revenue and Taxation Code, relating to taxation. LEGISLATIVE COUNSEL'S DIGESTAB 1416, as introduced, Ta. Property taxation: redemption: permanent installment plan.Existing property tax law permits, at the election of the assessee, the installment payment of delinquent taxes on tax-defaulted property under an installment payment plan. Existing law also permits a one-year deferral of payment under an existing installment plan if the county was declared by the Governor to be in a state of emergency or disaster due to a major misfortune or calamity and specified conditions are met, including that the installment plan was already in existence at the time deferral is requested by the assessee or the agent of the assessee.This bill would modify the above-described condition to be that the installment plan was already in existence or requested at the time deferral is requested by the assessee or the agent of the assessee.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 4222.5 of the Revenue and Taxation Code is amended to read:4222.5. (a) Notwithstanding any other provision of this article, the tax collector of any county that is designated by the Governor to be in a state of emergency or disaster due to a major misfortune or calamity and is therefore an eligible county for tax relief, as defined in Chapter 5 (commencing with Section 194) of Part 2, may defer for a period of one year payments under an installment plan if all of the following conditions are met:(1) The installment plan was already in existence or requested at the time deferral is requested by the assessee or the agent of the assessee.(2) The assessee or the agent of the assessee can establish to the satisfaction of the tax collector that the assessee incurred substantial disaster damage as defined in Section 194 in connection with his or her their property as a result of the disaster.(3) The assessee or the agent of the assessee files an application for deferral with the tax collector on or before September 1 of the following fiscal year.(4) The assessee is not receiving any other relief relating to the disaster.(b) This section does not preclude the assessment of interest in connection with the deferral of any installment payment. Any interest so assessed shall be due and payable together with the deferred installment payment.(c) For purposes of this section, substantial business losses means net business losses incurred by the assessee after accounting for the assessees receipt of any federal disaster aid, state disaster aid, related insurance loss claim payments, or property tax relief under Chapter 5 (commencing with Section 194) of Part 2. |
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| 3 | 3 | | CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Assembly Bill No. 1416Introduced by Assembly Member TaFebruary 21, 2025 An act to amend Section 4222.5 of the Revenue and Taxation Code, relating to taxation. LEGISLATIVE COUNSEL'S DIGESTAB 1416, as introduced, Ta. Property taxation: redemption: permanent installment plan.Existing property tax law permits, at the election of the assessee, the installment payment of delinquent taxes on tax-defaulted property under an installment payment plan. Existing law also permits a one-year deferral of payment under an existing installment plan if the county was declared by the Governor to be in a state of emergency or disaster due to a major misfortune or calamity and specified conditions are met, including that the installment plan was already in existence at the time deferral is requested by the assessee or the agent of the assessee.This bill would modify the above-described condition to be that the installment plan was already in existence or requested at the time deferral is requested by the assessee or the agent of the assessee.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO |
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| 9 | 9 | | CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION |
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| 11 | 11 | | Assembly Bill |
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| 13 | 13 | | No. 1416 |
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| 15 | 15 | | Introduced by Assembly Member TaFebruary 21, 2025 |
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| 17 | 17 | | Introduced by Assembly Member Ta |
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| 18 | 18 | | February 21, 2025 |
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| 20 | 20 | | An act to amend Section 4222.5 of the Revenue and Taxation Code, relating to taxation. |
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| 22 | 22 | | LEGISLATIVE COUNSEL'S DIGEST |
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| 24 | 24 | | ## LEGISLATIVE COUNSEL'S DIGEST |
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| 25 | 25 | | |
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| 26 | 26 | | AB 1416, as introduced, Ta. Property taxation: redemption: permanent installment plan. |
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| 27 | 27 | | |
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| 28 | 28 | | Existing property tax law permits, at the election of the assessee, the installment payment of delinquent taxes on tax-defaulted property under an installment payment plan. Existing law also permits a one-year deferral of payment under an existing installment plan if the county was declared by the Governor to be in a state of emergency or disaster due to a major misfortune or calamity and specified conditions are met, including that the installment plan was already in existence at the time deferral is requested by the assessee or the agent of the assessee.This bill would modify the above-described condition to be that the installment plan was already in existence or requested at the time deferral is requested by the assessee or the agent of the assessee. |
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| 30 | 30 | | Existing property tax law permits, at the election of the assessee, the installment payment of delinquent taxes on tax-defaulted property under an installment payment plan. Existing law also permits a one-year deferral of payment under an existing installment plan if the county was declared by the Governor to be in a state of emergency or disaster due to a major misfortune or calamity and specified conditions are met, including that the installment plan was already in existence at the time deferral is requested by the assessee or the agent of the assessee. |
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| 32 | 32 | | This bill would modify the above-described condition to be that the installment plan was already in existence or requested at the time deferral is requested by the assessee or the agent of the assessee. |
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| 33 | 33 | | |
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| 34 | 34 | | ## Digest Key |
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| 36 | 36 | | ## Bill Text |
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| 38 | 38 | | The people of the State of California do enact as follows:SECTION 1. Section 4222.5 of the Revenue and Taxation Code is amended to read:4222.5. (a) Notwithstanding any other provision of this article, the tax collector of any county that is designated by the Governor to be in a state of emergency or disaster due to a major misfortune or calamity and is therefore an eligible county for tax relief, as defined in Chapter 5 (commencing with Section 194) of Part 2, may defer for a period of one year payments under an installment plan if all of the following conditions are met:(1) The installment plan was already in existence or requested at the time deferral is requested by the assessee or the agent of the assessee.(2) The assessee or the agent of the assessee can establish to the satisfaction of the tax collector that the assessee incurred substantial disaster damage as defined in Section 194 in connection with his or her their property as a result of the disaster.(3) The assessee or the agent of the assessee files an application for deferral with the tax collector on or before September 1 of the following fiscal year.(4) The assessee is not receiving any other relief relating to the disaster.(b) This section does not preclude the assessment of interest in connection with the deferral of any installment payment. Any interest so assessed shall be due and payable together with the deferred installment payment.(c) For purposes of this section, substantial business losses means net business losses incurred by the assessee after accounting for the assessees receipt of any federal disaster aid, state disaster aid, related insurance loss claim payments, or property tax relief under Chapter 5 (commencing with Section 194) of Part 2. |
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| 40 | 40 | | The people of the State of California do enact as follows: |
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| 42 | 42 | | ## The people of the State of California do enact as follows: |
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| 44 | 44 | | SECTION 1. Section 4222.5 of the Revenue and Taxation Code is amended to read:4222.5. (a) Notwithstanding any other provision of this article, the tax collector of any county that is designated by the Governor to be in a state of emergency or disaster due to a major misfortune or calamity and is therefore an eligible county for tax relief, as defined in Chapter 5 (commencing with Section 194) of Part 2, may defer for a period of one year payments under an installment plan if all of the following conditions are met:(1) The installment plan was already in existence or requested at the time deferral is requested by the assessee or the agent of the assessee.(2) The assessee or the agent of the assessee can establish to the satisfaction of the tax collector that the assessee incurred substantial disaster damage as defined in Section 194 in connection with his or her their property as a result of the disaster.(3) The assessee or the agent of the assessee files an application for deferral with the tax collector on or before September 1 of the following fiscal year.(4) The assessee is not receiving any other relief relating to the disaster.(b) This section does not preclude the assessment of interest in connection with the deferral of any installment payment. Any interest so assessed shall be due and payable together with the deferred installment payment.(c) For purposes of this section, substantial business losses means net business losses incurred by the assessee after accounting for the assessees receipt of any federal disaster aid, state disaster aid, related insurance loss claim payments, or property tax relief under Chapter 5 (commencing with Section 194) of Part 2. |
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| 46 | 46 | | SECTION 1. Section 4222.5 of the Revenue and Taxation Code is amended to read: |
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| 48 | 48 | | ### SECTION 1. |
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| 50 | 50 | | 4222.5. (a) Notwithstanding any other provision of this article, the tax collector of any county that is designated by the Governor to be in a state of emergency or disaster due to a major misfortune or calamity and is therefore an eligible county for tax relief, as defined in Chapter 5 (commencing with Section 194) of Part 2, may defer for a period of one year payments under an installment plan if all of the following conditions are met:(1) The installment plan was already in existence or requested at the time deferral is requested by the assessee or the agent of the assessee.(2) The assessee or the agent of the assessee can establish to the satisfaction of the tax collector that the assessee incurred substantial disaster damage as defined in Section 194 in connection with his or her their property as a result of the disaster.(3) The assessee or the agent of the assessee files an application for deferral with the tax collector on or before September 1 of the following fiscal year.(4) The assessee is not receiving any other relief relating to the disaster.(b) This section does not preclude the assessment of interest in connection with the deferral of any installment payment. Any interest so assessed shall be due and payable together with the deferred installment payment.(c) For purposes of this section, substantial business losses means net business losses incurred by the assessee after accounting for the assessees receipt of any federal disaster aid, state disaster aid, related insurance loss claim payments, or property tax relief under Chapter 5 (commencing with Section 194) of Part 2. |
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| 52 | 52 | | 4222.5. (a) Notwithstanding any other provision of this article, the tax collector of any county that is designated by the Governor to be in a state of emergency or disaster due to a major misfortune or calamity and is therefore an eligible county for tax relief, as defined in Chapter 5 (commencing with Section 194) of Part 2, may defer for a period of one year payments under an installment plan if all of the following conditions are met:(1) The installment plan was already in existence or requested at the time deferral is requested by the assessee or the agent of the assessee.(2) The assessee or the agent of the assessee can establish to the satisfaction of the tax collector that the assessee incurred substantial disaster damage as defined in Section 194 in connection with his or her their property as a result of the disaster.(3) The assessee or the agent of the assessee files an application for deferral with the tax collector on or before September 1 of the following fiscal year.(4) The assessee is not receiving any other relief relating to the disaster.(b) This section does not preclude the assessment of interest in connection with the deferral of any installment payment. Any interest so assessed shall be due and payable together with the deferred installment payment.(c) For purposes of this section, substantial business losses means net business losses incurred by the assessee after accounting for the assessees receipt of any federal disaster aid, state disaster aid, related insurance loss claim payments, or property tax relief under Chapter 5 (commencing with Section 194) of Part 2. |
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| 54 | 54 | | 4222.5. (a) Notwithstanding any other provision of this article, the tax collector of any county that is designated by the Governor to be in a state of emergency or disaster due to a major misfortune or calamity and is therefore an eligible county for tax relief, as defined in Chapter 5 (commencing with Section 194) of Part 2, may defer for a period of one year payments under an installment plan if all of the following conditions are met:(1) The installment plan was already in existence or requested at the time deferral is requested by the assessee or the agent of the assessee.(2) The assessee or the agent of the assessee can establish to the satisfaction of the tax collector that the assessee incurred substantial disaster damage as defined in Section 194 in connection with his or her their property as a result of the disaster.(3) The assessee or the agent of the assessee files an application for deferral with the tax collector on or before September 1 of the following fiscal year.(4) The assessee is not receiving any other relief relating to the disaster.(b) This section does not preclude the assessment of interest in connection with the deferral of any installment payment. Any interest so assessed shall be due and payable together with the deferred installment payment.(c) For purposes of this section, substantial business losses means net business losses incurred by the assessee after accounting for the assessees receipt of any federal disaster aid, state disaster aid, related insurance loss claim payments, or property tax relief under Chapter 5 (commencing with Section 194) of Part 2. |
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| 58 | 58 | | 4222.5. (a) Notwithstanding any other provision of this article, the tax collector of any county that is designated by the Governor to be in a state of emergency or disaster due to a major misfortune or calamity and is therefore an eligible county for tax relief, as defined in Chapter 5 (commencing with Section 194) of Part 2, may defer for a period of one year payments under an installment plan if all of the following conditions are met: |
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| 60 | 60 | | (1) The installment plan was already in existence or requested at the time deferral is requested by the assessee or the agent of the assessee. |
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| 62 | 62 | | (2) The assessee or the agent of the assessee can establish to the satisfaction of the tax collector that the assessee incurred substantial disaster damage as defined in Section 194 in connection with his or her their property as a result of the disaster. |
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| 64 | 64 | | (3) The assessee or the agent of the assessee files an application for deferral with the tax collector on or before September 1 of the following fiscal year. |
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| 66 | 66 | | (4) The assessee is not receiving any other relief relating to the disaster. |
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| 68 | 68 | | (b) This section does not preclude the assessment of interest in connection with the deferral of any installment payment. Any interest so assessed shall be due and payable together with the deferred installment payment. |
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| 70 | 70 | | (c) For purposes of this section, substantial business losses means net business losses incurred by the assessee after accounting for the assessees receipt of any federal disaster aid, state disaster aid, related insurance loss claim payments, or property tax relief under Chapter 5 (commencing with Section 194) of Part 2. |
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