Introduced
by
To establish that if a person donates a "conservation easement" on a parcel of land in his or her will, the heirs would not be subject to the Proposal A “pop-up,” in which the state equalized value (SEV, meaning market value) of transferred property becomes the basis for the new owner's property tax assessment, rather than the capped “taxable value” of the previous owner.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Substitute offered
The substitute passed by voice vote
Passed in the Senate 38 to 0 (details)
Referred to the Committee on Tax Policy
