Proposed Revision of Property Tax Rule 462.540, Change in Ownership – Base Year Value Transfers

Emergency Regulation: Proposed Revision of Property Tax Rule 462.540
Date Description of Task
4/1/2022 Staff to release letter advising recipients of the project and inviting interested parties to submit comments on the proposed changes to the rule
4/29/2022 Deadline for interested parties to submit comments, in the form of alternative text, to staff on the proposed changes to the rule
5/24/2022 Presentation to Board for approval to publish proposed emergency amendments to Rule 462.540 (postponed)
6/28-29/2022 Presentation to Board for approval to publish proposed emergency amendments to Rule 462.540
7/18/2022 Emergency amendment approved by OAL, effective July 18, 2022
8/24/2022 Response to comments received during emergency rulemaking process
1/18/2023 Readoption of emergency amendment approved by OAL, effective January 18, 2023
Certificate of Compliance/Regular Rulemaking: Property Tax Rule 462.540
Date Description of Task
7/25/2022 Staff letter advising recipients of the project and inviting interested parties to submit comments on the proposed changes to the rule
8/19/2022 Deadline for interested parties to submit comments, in the form of alternative text, to staff on the proposed changes to the rule
8/24/2022 Response to comments received
8/30/2022 Board approval to begin certificate of compliance and regular rulemaking process and publish amendments to Rule 462.520
9/30/2022 Amendments published in the California Notice Register
11/17/2022 Public hearing and Board adoption of amendments
Response to comments received
1/5/2023 Readopt Notice With Text of Amendments
2/3/2023 15-Day Notice of Public Availability of Underline and Strikeout Text of Amendments
4/19/2023 Amendment approved and made permanent by OAL, effective April 18, 2023