Real property tax: welfare exemption: moderate-income housing.
Chaptered by Secretary of State - Chapter 778, Statutes of 2026.
Legislative status
- Introduced
- In Committee
- Reported by Committee
- Floor Vote Scheduled
- Passed One Chamber
- Passed Both Chambers
- Sent to Executive
- Enacted
Summary
AB 1294 adds a limited welfare exemption to California property tax law for residential rental properties owned by qualifying nonprofit, religious, hospital, scientific or charitable entities. The exemption applies to units that are newly built or converted between 2027‑2030, are located in Alameda, Sacramento, or San Francisco, and are reserved for low‑ and moderate‑income households under a 55‑year affordability agreement. It reduces the taxable value in proportion to the share of such affordable units, with a $20 million cap per taxpayer per year.
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78 yes
0 no
Read third time. Passed. Ordered to the Senate. (Ayes 78. Noes 0. Page 1885.) · Jun 2, 2025
Hearings
- Appropriations Committee HearingAppropriations · Aug 13, 2026
- Appropriations Committee HearingAppropriations · Aug 10, 2026
- Revenue and Taxation Committee HearingRevenue and Taxation · Aug 5, 2026
- Local Government Committee HearingLocal Government · Jun 10, 2026
- Local Government Committee HearingLocal Government · Jul 16, 2025
History
- In committee: Hearing postponed by committee.
- From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on L. GOV.
- Read second time and amended. Re-referred to Com. on L. GOV.
- From committee: Amend, and do pass as amended and re-refer to Com. on L. GOV. (Ayes 10. Noes 0.) (July 1).
- From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on HOUSING.
- Referred to Coms. on HOUSING and L. GOV.
- In Senate. Read first time. To Com. on RLS. for assignment.
- Read third time. Passed. Ordered to the Senate. (Ayes 78. Noes 0. Page 1885.)
- Read second time. Ordered to third reading.
- From committee: Do pass. (Ayes 14. Noes 0.) (May 23).
- In committee: Set, first hearing. Referred to APPR. suspense file.
- From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (April 30). Re-referred to Com. on APPR.
The 12 most recent of 22 recorded actions.
Sponsors
- Matt Haney (D) · sponsor
- Haney
- Wicks
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