California Government Code

§ 51142

GOV § 51142 Effective Jan 1, 2002Div. 1 · Title 5 · Part 1 · Ch. 6.7 · Art. 5

Statute text

(a)Upon immediate rezoning of a parcel in a timberland production zone, a tax recoupment fee shall be imposed on the owner of the land. Within 90 days following rezoning of land in the timberland production zone the county assessor shall reassess the rezoned parcels on the basis of the value of the property in its rezoned use. The assessor shall certify this value to the owner of the land and to the county auditor. The owner may appeal this new valuation in the same manner as an assessment appeal. The application for an appeal shall be filed with the clerk no later than 60 days after the date of the mailing of the notice certifying the new valuation. Except when under an appeal, after the certification the auditor shall, in cases of immediate rezoning, within 10 days compute the tax recoupment fee and certify the amount to the tax collector. The tax collector shall notify the owner in writing of the amount and due date of the fee. Fees shall be due 60 days after mailing of notification.

(b)The tax recoupment fee shall apply only in cases of immediate rezoning and shall be a multiple of the difference between the amount of the tax last levied against the property when zoned as timberland production and the amount equal to the assessed valuation of the rezoned property times the tax rate of the current levy for the tax rate area, that multiple to be chosen from the following table according to subdivision (c): Year Multiple 1 1.06000 2 2.18360 3 3.37462 4 4.63709 5 5.97332 6 7.39384 7 8.89747 8 10.49132 9 12.18080 10 13.97164

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Legislative history

Amended by Stats. 2001, Ch. 407, Sec. 1. Effective January 1, 2002.