State Codes and Statutes

Statutes > California > Gov > 16120-16122

GOVERNMENT CODE
SECTION 16120-16122



16120.  On or before November 30, 1973, and the last day of November
of each year thereafter, the Controller shall pay from the amount
appropriated from the State General Fund to each city and county
auditor 15 percent of the amounts claimed on the preceding October 31
pursuant to Sections 29100.6 and 29100.7 to reimburse local
governmental agencies for the tax loss attributable to the homeowners'
property tax exemption.
   On or before December 31, 1973, and the last day of December of
each year thereafter, the Controller shall pay from the amount
appropriated from the State General Fund by Section 16100 to each
city and county auditor 35 percent of the amounts claimed on the
preceding October 31 pursuant to Sections 29100.6 and 29100.7 to
reimburse local governmental agencies for the tax loss attributable
to the homeowners' property tax exemption.
   On or before April 30, 1974, and on or before the last day of
April of each calendar year thereafter, the Controller shall pay 35
percent of the amounts claimed by the respective auditors.
   On or before May 31, 1974, and on or before the last day of May of
each calendar year thereafter, the Controller shall pay the
remaining 15 percent of the amounts claimed to the respective
auditors. Upon receipt of the payments the respective auditors shall
apportion the reimbursement proceeds to the local entities in
accordance with the claims previously made.



16121.  Revenues paid pursuant to this chapter may be used for
county, city, district or other municipal purposes and may, but need
not necessarily, be used for purposes of general interest and benefit
to the state. It is the purpose of this section to carry out the
mandate of subdivision (k) of Section 3 and Section 25 of Article
XIII of the Constitution and permit recipients of revenues paid
pursuant to this chapter to use such revenues for any purpose for
which the recipient could use its property tax revenues.



16122.  For the purpose of fixing tax rates for ad valorem taxes
every taxing agency and revenue district shall compute the rates by
including in the base the exempt values for which the homeowners'
property tax exemption is granted under subdivision (k) of Section 3
of Article XIII of the Constitution, together with the values of
taxable property against which the taxes are levied.


State Codes and Statutes

Statutes > California > Gov > 16120-16122

GOVERNMENT CODE
SECTION 16120-16122



16120.  On or before November 30, 1973, and the last day of November
of each year thereafter, the Controller shall pay from the amount
appropriated from the State General Fund to each city and county
auditor 15 percent of the amounts claimed on the preceding October 31
pursuant to Sections 29100.6 and 29100.7 to reimburse local
governmental agencies for the tax loss attributable to the homeowners'
property tax exemption.
   On or before December 31, 1973, and the last day of December of
each year thereafter, the Controller shall pay from the amount
appropriated from the State General Fund by Section 16100 to each
city and county auditor 35 percent of the amounts claimed on the
preceding October 31 pursuant to Sections 29100.6 and 29100.7 to
reimburse local governmental agencies for the tax loss attributable
to the homeowners' property tax exemption.
   On or before April 30, 1974, and on or before the last day of
April of each calendar year thereafter, the Controller shall pay 35
percent of the amounts claimed by the respective auditors.
   On or before May 31, 1974, and on or before the last day of May of
each calendar year thereafter, the Controller shall pay the
remaining 15 percent of the amounts claimed to the respective
auditors. Upon receipt of the payments the respective auditors shall
apportion the reimbursement proceeds to the local entities in
accordance with the claims previously made.



16121.  Revenues paid pursuant to this chapter may be used for
county, city, district or other municipal purposes and may, but need
not necessarily, be used for purposes of general interest and benefit
to the state. It is the purpose of this section to carry out the
mandate of subdivision (k) of Section 3 and Section 25 of Article
XIII of the Constitution and permit recipients of revenues paid
pursuant to this chapter to use such revenues for any purpose for
which the recipient could use its property tax revenues.



16122.  For the purpose of fixing tax rates for ad valorem taxes
every taxing agency and revenue district shall compute the rates by
including in the base the exempt values for which the homeowners'
property tax exemption is granted under subdivision (k) of Section 3
of Article XIII of the Constitution, together with the values of
taxable property against which the taxes are levied.



State Codes and Statutes

State Codes and Statutes

Statutes > California > Gov > 16120-16122

GOVERNMENT CODE
SECTION 16120-16122



16120.  On or before November 30, 1973, and the last day of November
of each year thereafter, the Controller shall pay from the amount
appropriated from the State General Fund to each city and county
auditor 15 percent of the amounts claimed on the preceding October 31
pursuant to Sections 29100.6 and 29100.7 to reimburse local
governmental agencies for the tax loss attributable to the homeowners'
property tax exemption.
   On or before December 31, 1973, and the last day of December of
each year thereafter, the Controller shall pay from the amount
appropriated from the State General Fund by Section 16100 to each
city and county auditor 35 percent of the amounts claimed on the
preceding October 31 pursuant to Sections 29100.6 and 29100.7 to
reimburse local governmental agencies for the tax loss attributable
to the homeowners' property tax exemption.
   On or before April 30, 1974, and on or before the last day of
April of each calendar year thereafter, the Controller shall pay 35
percent of the amounts claimed by the respective auditors.
   On or before May 31, 1974, and on or before the last day of May of
each calendar year thereafter, the Controller shall pay the
remaining 15 percent of the amounts claimed to the respective
auditors. Upon receipt of the payments the respective auditors shall
apportion the reimbursement proceeds to the local entities in
accordance with the claims previously made.



16121.  Revenues paid pursuant to this chapter may be used for
county, city, district or other municipal purposes and may, but need
not necessarily, be used for purposes of general interest and benefit
to the state. It is the purpose of this section to carry out the
mandate of subdivision (k) of Section 3 and Section 25 of Article
XIII of the Constitution and permit recipients of revenues paid
pursuant to this chapter to use such revenues for any purpose for
which the recipient could use its property tax revenues.



16122.  For the purpose of fixing tax rates for ad valorem taxes
every taxing agency and revenue district shall compute the rates by
including in the base the exempt values for which the homeowners'
property tax exemption is granted under subdivision (k) of Section 3
of Article XIII of the Constitution, together with the values of
taxable property against which the taxes are levied.