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 34 to 0 (details)
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
by
To replace the previous version of the bill with one that revises details but does not change the substance as previously described.
The substitute passed by voice vote
Passed in the House 93 to 16 (details)
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.
Passed in the Senate 38 to 0 (details)
To concur with the House-passed version of the bill.
