Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2017
Property Tax Annotations
A B C D E F G H I L M N O P R S T U V W
S
790.0000 SUPPLEMENTAL ASSESSMENT
Annotation 790.0110
790.0110 Homeowners' Exemption. Revenue and Taxation Code section 75.54 requires proration of supplemental taxes when a property changes ownership prior to the mailing of a supplemental tax bill resulting from a previous change in ownership, and the exemption can only be allowed to the extent of the supplemental assessment. Thus, the latest owner would not be entitled to the full $7,000 exemption if his supplemental assessment amount was $5,000, and to receive the $5,000 exemption, the owner would have to qualify the property for exemption. LTA 6/27/1985 (No. 85/75).