Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2017

Property Tax Annotations

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860.0000 VESSELS

Annotation 860.0022-005

860.0022.005 Exemption.Section 3(l) of article XIII of the California provides a property tax exemption for vessels over 50 tons burden used to transport freight and passengers. "Tons burden" means the net register tonnage, not the gross tonnage or the tonnage as measured under the International Convention on Tonnage Measurement of Ships of 1969. C 2/22/2012.