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Cal. Rev. & Tax. Code § 504

Arbitrary and Penal Assessments

Amended by Stats. 1996, Ch. 1087, Sec. 22

There shall be added to any assessment made pursuant to Section 502, except those assessments as are placed on the current roll prior to the time it is originally completed and published, a penalty of 25 percent of the additional assessed value so assessed.

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