republic-os/legislation/us/states/ca/20192020/ab-872.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Property taxation: change in ownership: parent to child transfer: stock.	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, among other things, the appraised value of that real property when a change in ownership has occurred. Existing property tax law provides that specified transfers are not deemed a change in ownership. The California Constitution and existing property tax law exclude from the definition of "change in ownership" real property transfers of a principal residence and the first $1,000,000 of the value of other real property between parents and their children, as defined by the Legislature. Existing property tax law defines "real property" for purposes of this provision and excludes from this definition an interest in a legal entity.	us/states/ca	California Legislature	20192020	AB 872	California AB 872 (20192020)	bill	Property taxation: change in ownership: parent to child transfer: stock.	enacted	Aguiar-Curry	7	24	6	2019-02-20	2019-10-09	openstates	ocd-bill/3dfd3897-207a-44b7-bb09-0a82c28526b0	http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200AB872	64e19f1bd148edad8bbf85f0bc5ef4a2413cafdc9055e0aba66ed723d095f5be	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ca

California AB 872 (20192020) — Property taxation: change in ownership: parent to child transfer: stock.

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, among other things, the appraised value of that real property when a change in ownership has occurred. Existing property tax law provides that specified transfers are not deemed a change in ownership. The California Constitution and existing property tax law exclude from the definition of "change in ownership" real property transfers of a principal residence and the first $1,000,000 of the value of other real property between parents and their children, as defined by the Legislature. Existing property tax law defines "real property" for purposes of this provision and excludes from this definition an interest in a legal entity.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. 02/20/19 - Introduced (filed) — source
2. 04/11/19 - Amended Assembly (committee substitute) — source
3. 06/25/19 - Amended Senate (committee substitute) — source
4. 07/08/19 - Amended Senate (committee substitute) — source
5. 10/09/19 - Chaptered (committee substitute) — source
6. AB872 (committee substitute) — source
7. 08/23/19 - Enrolled (enrolled) — source

Votes

• AB 872 Aguiar-Curry Concurrence in Senate Amendments — 76–0 (pass) · lower
• Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] — 7–0 (pass) · upper
• 3rd Reading AB872 Aguiar-Curry By Galgiani — 40–0 (pass) · upper
• AB 872 Aguiar-Curry Consent Calendar Second Day — 77–0 (pass) · lower
• Do pass. To Consent Calendar. — 16–0 (pass) · lower
• Do pass and be re-referred to the Committee on [Appropriations] — 11–0 (pass) · lower

Sponsors

• Aguiar-Curry — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2019-02-20 Read first time. To print. reading-1
• 2019-02-21 From printer. May be heard in committee March 23.
• 2019-03-04 Referred to Com. on REV. & TAX. referral-committee
• 2019-03-25 In committee: Hearing for testimony only.
• 2019-04-11 From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended. reading-1, reading-2, amendment-passage, amendment-introduction
• 2019-04-22 Re-referred to Com. on REV. & TAX. referral-committee
• 2019-05-07 From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 0.) (May 6). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
• 2019-05-13 Joint Rule 62(a), file notice suspended. (Page 1609.)
• 2019-05-15 From committee: Do pass. To Consent Calendar. (Ayes 16. Noes 0.) (May 15). committee-passage-favorable, committee-passage
• 2019-05-16 Read second time. Ordered to Consent Calendar. reading-1, reading-2
• 2019-05-22 Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1828.) passage, reading-3, reading-1
• 2019-05-23 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
• 2019-05-29 Referred to Com. on GOV. & F. referral-committee
• 2019-06-25 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on GOV. & F. reading-1, reading-2, amendment-passage, referral-committee, amendment-introduction
• 2019-07-05 From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (July 3). amendment-passage, committee-passage, amendment-introduction
• 2019-07-08 Read second time and amended. Re-referred to Com. on APPR. reading-1, reading-2, amendment-passage, referral-committee
• 2019-08-12 From committee: Be ordered to second reading pursuant to Senate Rule 28.8. committee-passage, reading-2
• 2019-08-13 Read second time. Ordered to third reading. reading-1, reading-2
• 2019-08-19 Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2203.). passage, reading-3, reading-1
• 2019-08-19 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 21 pursuant to Assembly Rule 77.
• 2019-08-22 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 0. Page 2796.). amendment-passage, committee-passage-favorable
• 2019-09-03 Enrolled and presented to the Governor at 3:30 p.m.
• 2019-10-09 Approved by the Governor. executive-signature
• 2019-10-09 Chaptered by Secretary of State - Chapter 685, Statutes of 2019.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/3dfd3897-207a-44b7-bb09-0a82c28526b0. Confidence: reported (aggregated from official California legislature records).