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Cal. Gov. Code § 56814

Property Tax Exchange

Known as the Cortese-Knox-Hertzberg Local Government Reorganization Act

The act spans §§ 56000–57550 (507 sections).

Added by Stats. 2015, Ch. 304, Sec. 8

If the proposal includes the disincorporation of a city, as defined in Section 56034, with the assignment of property tax revenues to a successor the commission shall make the following determinations, as appropriate:

(a) The increase of the appropriations limit for the successor if the successor is an existing entity.

(b) The appropriations limit for a new special district through a formation process as defined by Section 56810.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.