Property taxation: change in ownership: exclusion: floating homes.
The California Constitution generally limits ad valorem taxes on real property to 1% of the full cash value of that property. For purposes of this limitation, "full cash value" is defined as the assessor's valuation of real property as shown on the 1975–76 tax bill under "full cash value" or, thereafter, the appraised value of that real property when purchased, newly constructed, or a change in ownership has occurred. Existing property tax law specifies those circumstances in which the transfer of ownership interests results in a change in ownership of the real property, and provides that certain transfers do not result in a change of ownership.
us/states/ca
California Legislature
20112012
AB 2046
California AB 2046 (20112012)
bill
Property taxation: change in ownership: exclusion: floating homes.
California AB 2046 (20112012) — Property taxation: change in ownership: exclusion: floating homes.
The California Constitution generally limits ad valorem taxes on real property to 1% of the full cash value of that property. For purposes of this limitation, "full cash value" is defined as the assessor's valuation of real property as shown on the 1975–76 tax bill under "full cash value" or, thereafter, the appraised value of that real property when purchased, newly constructed, or a change in ownership has occurred. Existing property tax law specifies those circumstances in which the transfer of ownership interests results in a change in ownership of the real property, and provides that certain transfers do not result in a change of ownership.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
AB 2046 ALLEN Assembly Third Reading — 48–25 (pass) · lower
3rd Reading AB2046 Allen By Leno — 35–3 (pass) · upper
Do pass as amended and be re-referred to the Committee on Appropriations. — 6–2 (pass) · lower
Do pass. — 7–0 (pass) · upper
Placed on Appropriations Suspense file. — 7–0 (pass) · upper
Do pass, but re-refer to the Committee on Appropriations. — 6–1 (pass) · upper
Sponsors
Allen — primary (person)
Huffman — author (person)
Timeline
The legislative action history — every referral, reading, and vote.
2012-02-23 Read first time. To print. reading-1
2012-02-24 From printer. May be heard in committee March 25.
2012-03-15 Referred to Com. on REV. & TAX. referral-committee
2012-04-16 In committee: Set, first hearing. Hearing canceled at the request of author.
2012-05-08 In committee: Set, second hearing. Referred to REV. & TAX. suspense file. referral-committee
2012-05-17 From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 6. Noes 2.) (May 14). amendment-passage, committee-passage, committee-passage-favorable
2012-05-21 Read second time and amended. reading-2, reading-1, amendment-passage
2012-05-22 Re-referred to Com. on APPR. referral-committee
2012-05-25 From committee: Do pass. (Ayes 12. Noes 5.) (May 25). committee-passage, committee-passage-favorable
2012-05-25 Read second time. Ordered to third reading. reading-2, reading-1
2012-05-31 Read third time. Passed. Ordered to the Senate. (Ayes 48. Noes 25. Page 5179.) reading-3, reading-1, passage
2012-06-04 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2012-06-14 Referred to Com. on GOV. & F. referral-committee
2012-07-05 From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 1.) (July 3). Re-referred to Com. on APPR. referral-committee, committee-passage, committee-passage-favorable
2012-08-06 In committee: Referred to APPR. suspense file. referral-committee
2012-08-16 From committee: Do pass. (Ayes 7. Noes 0.) (August 16). committee-passage, committee-passage-favorable
2012-08-20 Read second time. Ordered to third reading. reading-2, reading-1
2012-08-27 Read third time. Passed. Ordered to the Assembly. (Ayes 35. Noes 3. Page 4869.). reading-3, reading-1, passage
2012-08-28 In Assembly. Ordered to Engrossing and Enrolling. committee-passage
2012-09-13 Enrolled and presented to the Governor at 12:15 p.m.
2012-09-30 Approved by the Governor. executive-signature
2012-09-30 Chaptered by Secretary of State - Chapter 817, Statutes of 2012.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/b840ab15-dd6b-40f1-b434-da5e11865063. Confidence: reported (aggregated from official California legislature records).