2025-2026 Regular Session • California Legislature
SB723: Property taxation: exemption: low-value properties.
Legislative Summary
An act to amend Section 155.20 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.
Demographic Impact
Overall analysis of equity impact
60% Positive
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Bill History
2/21/2025
Introduced. To Com. on RLS. for assignment. To print.
Senate
2/24/2025
From printer. May be acted upon on or after March 24.
Senate
2/24/2025
Read first time.
Senate
3/12/2025
Referred to Com. on REV. & TAX.
Senate
3/18/2025
Set for hearing May 14.
Senate
5/7/2025
From committee with author's amendments. Read second time and amended. Re-referred to Com. on REV. & TAX.
Senate
5/14/2025
From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (May 14). Re-referred to Com. on APPR.
Senate
5/14/2025
From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 0. Page 1083.) (May 14). Re-referred to Com. on APPR.
Senate
5/15/2025
Set for hearing May 19.
Senate
5/19/2025
May 19 hearing: Placed on APPR. suspense file.
Senate
5/20/2025
Set for hearing May 23.
Senate
5/23/2025
From committee: Do pass. (Ayes 6. Noes 0.) (May 23).
Senate
5/23/2025
Read second time. Ordered to third reading.
Senate
5/27/2025
Ordered to special consent calendar.
Senate
5/29/2025
Read third time. Passed. (Ayes 38. Noes 0.) Ordered to the Assembly.
Senate
5/29/2025
In Assembly. Read first time. Held at Desk.
State Assembly
Roll Call Votes
Special Consent SB723 Choi et al
5/29/2025
38
Yea
0
Nay
0
Not Voting
2
Absent
Result: PASSED
Do pass
5/23/2025
6
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Placed on suspense file
5/19/2025
5
Yea
0
Nay
0
Not Voting
2
Absent
Result: PASSED
Do pass, but first be re-referred to the Committee on [Appropriations]
5/14/2025
5
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Engrossed(5/29/2025)
Chamber
State Assembly
