Property taxation: change in ownership: generational transfers: special needs trusts.

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. Enacted

Summary

SB 974 amends the Revenue and Taxation Code so that a change in ownership does not trigger a reassessment when a primary residence or family farm is transferred between parents and children, or grandparents and grandchildren, provided the property becomes the transferee’s principal residence and the transferee files for the homeowner or disabled‑veteran exemption. The amendment expressly includes transfers made through inter vivos or testamentary trusts, such as special‑needs trusts, and requires the county assessor to rely on a certification letter from the State Department of Health Care Services to confirm eligibility. If the required letter is not produced within five years, the claimant must pay tax on the replacement property's appraised value.

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

Vote

Read third time. Passed. (Ayes 76. Noes 0. Page 6371.) Ordered to the Senate. · Aug 24, 2026

Hearings

• Appropriations Committee Hearing
  Appropriations · Jul 1, 2026
• Revenue and Taxation Committee Hearing
  Revenue and Taxation · Jun 8, 2026
• Revenue and Taxation Committee Hearing
  Revenue and Taxation · Apr 8, 2026
• Revenue and Taxation
  Senate Revenue and Taxation Committee · Apr 8, 2026

History

1. May 11, 2026Referred to Com. on REV. & TAX.
2. Apr 23, 2026Read third time. Passed. (Ayes 37. Noes 0. Page 4034.) Ordered to the Assembly.
3. Apr 23, 2026In Assembly. Read first time. Held at Desk.
4. Apr 21, 2026Read second time. Ordered to consent calendar.
5. Apr 20, 2026From committee: Be ordered to second reading pursuant to Senate Rule 28.8 and ordered to consent calendar.
6. Apr 10, 2026Set for hearing April 20.
7. Apr 9, 2026Withdrawn from committee.
8. Apr 9, 2026Re-referred to Com. on APPR.
9. Apr 8, 2026From committee: Do pass and re-refer to Com. on HEALTH with recommendation: To consent calendar. (Ayes 5. Noes 0. Page 3795.) (April 8). Re-referred to Com. on HEALTH.
10. Mar 26, 2026Set for hearing April 8.
11. Mar 25, 2026From committee with author's amendments. Read second time and amended. Re-referred to Com. on REV. & TAX.
12. Feb 11, 2026Referred to Coms. on REV. & TAX. and HEALTH.

The 12 most recent of 14 recorded actions.

Sponsors

• Kelly Seyarto (R) · sponsor
• Seyarto

Bill text

Opens the legislature’s own copy.

Similar bills in other states

Loading the map of where bills like this one were filed.

Topics

Share