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California Property Tax Updates

UPDATED september 2019

State Board of Equalization Considers “Modernizing” California’s Property Tax System

California’s State Board of Equalization (SBE) is conducting a series of hearings focusing on “Modernizing California’s Property Tax System: Opportunities, Challenges & Emerging Issues.” The first hearing was held in San Diego on September 19. During the hearing the SBE received testimony from several witnesses about the declining number of qualified appraisers available to work at the SBE, in county assessor offices, and in the private sector. The SBE also heard testimony about how a “split” tax roll would significantly increase the workloads of county assessors and property tax practitioners due to the increase in the number of valuations to be performed every year. Finally, the SBE received information about and suggestions for improving California’s property tax system, including revisions to the SBE’s Property Tax Rules and the Assessors’ Handbook. The SBE is planning to hold three additional hearings on “modernizing” the property tax system before the end of 2019.

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Greenberg Traurig, LLP 
American Property Tax Counsel (APTC)

 

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