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
Status Information
Current Status
Introduced(2/21/2025)
Chamber
Senate
Committee
Revenue and Taxation(Senate)