Real property tax: welfare exemption: moderate-income housing.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The bill amends California’s welfare exemption to give owners of qualifying rental properties a tax break equal to the percentage of units reserved for low‑ and moderate‑income families. Owners must certify enforceable rent‑restriction agreements that last at least 55 years and meet income limits up to 200 % of area median income. The exemption applies only to units built or converted after Jan 1 2027 and lasts for 20 years, with a $20 million cap on assessed value per taxpayer.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 1.) (May 6). Re-referred to Com. on APPR. · May 6, 2026

Hearings

• Appropriations Committee Hearing
  Appropriations · May 14, 2026
• Appropriations Committee Hearing
  Appropriations · May 11, 2026
• Revenue and Taxation Committee Hearing
  Revenue and Taxation · May 6, 2026

History

1. May 14, 2026May 14 hearing: Held in committee and under submission.
2. May 12, 2026Set for hearing May 14.
3. May 11, 2026May 11 hearing: Placed on APPR. suspense file.
4. May 7, 2026Set for hearing May 11.
5. May 6, 2026From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 1.) (May 6). Re-referred to Com. on APPR.
6. Apr 9, 2026Set for hearing May 6.
7. Mar 4, 2026Referred to Com. on REV. & TAX.
8. Feb 23, 2026Read first time.
9. Feb 23, 2026From printer. May be acted upon on or after March 23.
10. Feb 20, 2026Introduced. To Com. on RLS. for assignment. To print.

Sponsors

• Wiener · sponsor
• Arreguín

Bill text

Opens the legislature’s own copy.

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