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HomeMy WebLinkAboutMINUTES - 01081991 - 1.8 (3) TO BOARD OF SUPERVISORS FROM: Donald L. Bouchet, Auditor-Controller antra Cx)sta DATE: January 8, 1991 Coirty SUBJECT: Implementation of Revenue & Taxation Code Section 531 . 2(c) (AB 2782 , Chapter 723 , ' 1990 Legislation) . The proration of Escape Assessments on Property Tax. SPECIFIC REQUEST(S) OR RECOMMENDATIONS) & BACKGROUND AND JUSTIFICATION RECOMMENDATION: r Approve implementation .of. Revenue & Taxation Code Section 531 .2(c) — which provides for the proration of escape assessments when property has been .transferred or conveyed to a bona fide purchaser for value or become subject to a lien of a bona fide encumbrance for value. FINANCIAL IMPACT: None. REASON FOR RECOMMENDATION/BACKGROUND: Prior legislation did not provide for the proration of taxes on escape assessments . . . 'Therefore , the tax bill for the escape assess- ment was the full responsibility of the person who would have been the assessee in the year(s) in _which it escaped assessment regard- less of a subsequent sale . This legislation would provide , where the County Board of Super- visors. has so opted, that when real property has been transferred or conveyed to a bona -fide - purchaser for value subsequent to July 1 of either the year of escape or the proper. year for assessment, that the resulting from escape assessments shall be prorated, as specified, between the person who would have been the as.sessee if a change in ownership had not occurred and the person or persons who purchased the property. CONTINUED ON ATTACHMENT: YES SIGNATURE: C' r RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE _'OTHER SIGNATURE(S): ACTION OF BOARD ON JAN APPROVED AS RECCIOJM1i':`IDED >< OTHER VOTE OF SUPERVISORS L� HEREBY CERTIFY THAT THIS IS A TRUE UNANIMOUS (ABSENT AND CORRECT COPY OF AN ACTION TAKEN AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD ABSENT' ABSTAIN: OF SUPERVISORS ON THE DATE�SHOWN. CC: County Administrator ATTESTED _ .JAN 8 Q 1 County A5SeSSOr PHIL BATCHELOR, CLERK OF THE BOARD OF County Auditor-Controller SUPERVISORS AND COUNTY ADMINISTRATOR County Treasurer-Tax Collector ' /// N/ BY IAzxi - eeOs DEPUTY 7-83