Property taxes means the amount representing the claimant’s proportionate share of real estate taxes for the fiscal year for which postponement is claimed, determined in accord with the method prescribed in Section 216(b) of the Internal Revenue Code.
Cal. Rev. & Tax. Code § 20629
Senior Citizens Tenant-Stockholder Property Tax Postponement Law
Known as the Senior Citizens Tenant-Stockholder Property Tax Postponement Law
The act spans §§ 20625–20638 (13 sections).
Amended by Stats. 1983, Ch. 488, Sec. 90.5
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.