News Release
For Immediate Release
September 23, 2022
NR 22-08
Contact: Regina Evans

Board of Equalization Convenes Third
Property Tax Abatement Workgroup Meeting

Sacramento – The California State Board of Equalization (BOE) will hold the final Property Tax Abatement Workgroup meeting on Wednesday, September 28, 2022, in Sacramento. For the third and final meeting, the Board will hear presentations from stakeholders who will discuss the financial impact of implementing property tax abatements to spur housing development.

"Over the past few months, the Board has heard testimony from stakeholders across the state who have highlighted the need for innovative solutions to California’s housing crisis," said California State Board of Equalization Chair Malia M. Cohen. "I look forward to our final meeting and subsequent report that will address the challenges and opportunities discussed during these Workgroup meetings."

What: Property Tax Abatement Workgroup

When: Wednesday, September 28, 2022

Time: 10:00 a.m.

Where: 450 N Street, Auditorium, Sacramento, CA 95814

The September 28th meeting will examine constitutional, statutory, and regulatory implications, backfill options, and whether property tax abatements have a future here in California. At the conclusion of the BOE’s Property Tax Abatement Workgroup, the Board will issue a report.

Stakeholders and the public are invited to join and can participate in-person, virtually, or by phone. For more information about how to participate in the Workgroup and to view the agenda, visit the BOE website.

State Board of Equalization Chair Malia M. Cohen represents nearly 10 million constituents residing in 23 counties in Northern and Central California, extending from Del Norte County in the north to Santa Barbara County in the south. Board Chair Cohen is the youngest Constitutional Officer serving in California.

The Board of Equalization is California's statewide elected tax board. Its five members include four members elected in districts, and the State Controller. Under its constitutional mandate, the BOE oversees the assessment practices of the state's 58 county assessors, who are charged with establishing values for approximately 13.6 million assessments each year. In addition, the BOE assesses the property of regulated railroads and specific public utilities, and is responsible for the alcoholic beverage tax and tax on insurers.

Note: This news release may discuss complex tax laws and concepts. It may not address every situation and is not considered written advice. Changes in law or regulations may have occurred since the time this news release was written. If there is a conflict between the text of this news release and the law, decisions will be based upon the law and not this news release.