Art. XIII, § 15
Reassessing damaged or destroyed property
Power
Taxes, Money & Commerce
Art. XIII · Taxation
Official text rightpowerlimitif conditionlegal term
The Legislature may authorize local government to provide for the assessment or reassessment of taxable property physically damaged or destroyed after the lien date to which the assessment or reassessment relates.
History: Sec. 15 added Nov. 5, 1974, by Prop. 8. Res.Ch. 70, 1974, third resolved clause.
Simplified explanation
The Legislature may authorize local government to provide for assessing or reassessing taxable property physically damaged or destroyed after the lien date.