California Code
ARTICLE 1 - Taxable and Exempt Property
Section 214.17.

214.17. (a) For purposes of this section:

(1) “Total exemption amount limitation” means the exemption amount limitation with respect to a single property or multiple properties that is specified in subparagraph (C) of paragraph (1) of subdivision (g) of Section 214, as that section read before January 1, 2017.

(2) (A) “Qualified property” means property used exclusively for rental housing and related facilities where 90 percent or more of the occupants of the property are lower income households whose rent does not exceed the rent prescribed by Section 50053 of the Health and Safety Code and that qualifies for exemption under Section 214 on the sole basis of this criteria as specified in subparagraph (C) of paragraph (1) of subdivision (g) of Section 214.

(B) “Qualified property” does not include property owned by a limited partnership in which the managing general partner is an eligible nonprofit organization, as described in subparagraph (C) of paragraph (1) of subdivision (g) of Section 214.

(3) “Qualified taxpayer” means a taxpayer subject to the total exemption amount limitation.

(4) “Qualified claim” means a claim for exemption that was filed for a qualified property with the assessor on and after January 1, 2013, and before January 1, 2017, for which the assessor granted a partial exemption.

(5) “Qualified ad valorem tax in excess of the total exemption amount limitation, and related interest or penalty” means that portion of ad valorem tax levied to a qualified taxpayer on qualified property with respect to a single property or multiple properties that does not exceed one hundred thousand dollars ($100,000) of tax, and any interest or penalty imposed with regard to that portion of tax.

(b) (1) Any outstanding qualified ad valorem tax in excess of the total exemption amount limitation, and related interest or penalty, which was levied or imposed on and after January 1, 2013, and before January 1, 2017, with respect to a qualified property for which a qualified claim was filed, shall be canceled to the extent that the amount canceled does not result in a total exemption amount in excess of one hundred thousand dollars ($100,000) of tax being allowed to a qualified taxpayer with respect to a single property or multiple properties that are qualified property for any fiscal year.

(2) On or after January 1, 2017, an escape assessment shall not be levied on qualified property if that amount would be subject to cancellation under paragraph (1).

(Added by Stats. 2016, Ch. 836, Sec. 2. (SB 996) Effective January 1, 2017.)

Structure California Code

California Code

Revenue and Taxation Code - RTC

DIVISION 1 - PROPERTY TAXATION

PART 2 - ASSESSMENT

CHAPTER 1 - Taxation Base

ARTICLE 1 - Taxable and Exempt Property

Section 201.

Section 201.1.

Section 201.2.

Section 201.3.

Section 201.4.

Section 201.5.

Section 201.6.

Section 201.7.

Section 202.

Section 202.2.

Section 202.5.

Section 202.6.

Section 202.7.

Section 203.

Section 203.1.

Section 203.5.

Section 204.

Section 205.

Section 205.1.

Section 205.5.

Section 205.6.

Section 206.

Section 206.1.

Section 206.2.

Section 207.

Section 207.1.

Section 208.

Section 209.

Section 209.5.

Section 211.

Section 212.

Section 213.

Section 213.5.

Section 213.7.

Section 214.

Section 214.01.

Section 214.02.

Section 214.05.

Section 214.06.

Section 214.06.

Section 214.07.

Section 214.08.

Section 214.09.

Section 214.1.

Section 214.2.

Section 214.3.

Section 214.4.

Section 214.5.

Section 214.6.

Section 214.7.

Section 214.8.

Section 214.9.

Section 214.10.

Section 214.11.

Section 214.13.

Section 214.14.

Section 214.15.

Section 214.15.1.

Section 214.16.

Section 214.17.

Section 214.18.

Section 214.19.

Section 215.

Section 215.1.

Section 215.2.

Section 215.5.

Section 216.

Section 217.

Section 217.1.

Section 218.

Section 218.2.

Section 218.3.

Section 218.4.

Section 218.5.

Section 218.6.

Section 219.

Section 220.

Section 220.5.

Section 221.

Section 222.

Section 222.5.

Section 223.

Section 224.

Section 225.

Section 225.5.

Section 226.

Section 227.

Section 228.

Section 229.

Section 230.

Section 231.

Section 232.

Section 234.

Section 235.

Section 236.

Section 236.5.

Section 237.

Section 241.

Section 242.