Art. XIII, § 10

Assessment of nonprofit golf courses

Duty Taxes, Money & Commerce Art. XIII · Taxation

Official text rightpowerlimitif conditionlegal term

Real property in a parcel of 10 or more acres which, on the lien date and for 2 or more years immediately preceding, has been used exclusively for nonprofit golf course purposes shall be assessed for taxation on the basis of such use, plus any value attributable to mines, quarries, hydrocarbon substances, or other minerals in the property or the right to extract hydrocarbons or other minerals from the property.

History: Sec. 10 added Nov. 5, 1974, by Prop. 8. Res.Ch. 70, 1974.

1 provision here

Real property in a parcel of 10 or more acres which, on the lien date and for 2 or more years immediately preceding, has been used exclusively for nonprofit golf course purposes shall be assessed for taxation on the basis of such use, plus any value attributable to mines, quarries, hydrocarbon substances, or other minerals in the property or the right to extract hydrocarbons or other minerals from the property duty
Requires
- shall be assessed for taxation on the basis of such use, plus any value attributable to mines, quarries, hydrocarbon substances, or other minerals in the property or the right to extract hydrocarbons or other minerals from the property
Conditions
- in a parcel of 10 or more acres
- on the lien date and for 2 or more years immediately preceding, has been used exclusively for nonprofit golf course purposes

Simplified explanation

Real property of 10 or more acres used only for nonprofit golf course purposes for at least 2 years before the lien date is assessed on the basis of that use, plus any value from minerals or hydrocarbons.

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