The portion of taxes mentioned in subdivision (b) of Section 33670 shall not be allocable and payable for the first time until the tax year which begins after the December 1st next following the transmittal of the documents as required in Section 33375 or Section 33457.
Cal. Health & Safety Code § 33674
Taxation
Known as the Community Redevelopment Law
The act spans §§ 33000 to 33855 (601 sections).
Amended by Stats. 1997, Ch. 940, Sec. 3
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.