Suspends penalties for delinquent property taxes in Los Angeles and Ventura Counties until April 10, 2026.

California AB1517 amends the Revenue and Taxation Code to suspend penalties for delinquent property taxes in Los Angeles and Ventura Counties until April 10, 2026. This suspension applies to properties within specific ZIP codes unless the taxes were delinquent as of January 6, 2025, or are paid through an impound account. The bill also provides for the cancellation of penalties if the delinquency is due to the tax collector's failure to mail or electronically transmit the tax bill. The act is deemed urgent to assist property owners affected by the Southern California fires.

Suspends penalties for delinquent property taxes in Los Angeles and Ventura Counties until April 10, 2026.

California AB1517 amends the Revenue and Taxation Code to suspend penalties for delinquent property taxes in Los Angeles and Ventura Counties until April 10, 2026. This suspension applies to properties within specific ZIP codes unless the taxes were delinquent as of January 6, 2025, or are paid through an impound account. The bill also provides for the cancellation of penalties if the delinquency is due to the tax collector's failure to mail or electronically transmit the tax bill. The act is deemed urgent to assist property owners affected by the Southern California fires.