Property taxation: change of ownership and base year value transfers.
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.
California SB 890 (20232024) — Property taxation: change of ownership and base year value transfers.
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.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Unfinished Business SB890 GOV. & F. (Caballero) Concurrence — 40–0 (pass) · upper
Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar — 8–0 (pass) · upper
Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar — 11–0 (pass) · lower
Do pass. To Consent Calendar. — 15–0 (pass) · lower
SB 890 Governance and Finance Senate Third Reading By IRWIN — 80–0 (pass) · lower
Sponsors
Committee on Governance and Finance — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2023-03-21 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
2023-03-22 From printer. May be acted upon on or after April 21.
2023-03-29 Referred to Com. on GOV. & F. referral-committee
2023-04-13 Set for hearing April 26.
2023-04-27 From committee: Do pass and re-refer to Com. on APPR with recommendation: To consent calendar. (Ayes 8. Noes 0. Page 939.) (April 26). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2023-05-01 Set for hearing May 8.
2023-05-08 From committee: Be ordered to second reading pursuant to Senate Rule 28.8 and ordered to consent calendar. committee-passage, reading-2
2023-05-09 Read second time. Ordered to consent calendar. reading-1, reading-2
2023-05-11 Read third time. Passed. (Ayes 39. Noes 0. Page 1056.) Ordered to the Assembly. passage, reading-1, reading-3
2023-05-11 In Assembly. Read first time. Held at Desk. reading-1
2023-05-18 Referred to Com. on REV. & TAX. referral-committee
2023-06-12 June 12 hearing postponed by committee.
2023-06-27 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 11. Noes 0.) (June 26). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2023-08-23 From committee: Do pass. Ordered to consent calendar. (Ayes 15. Noes 0.) (August 23). committee-passage, committee-passage-favorable
2023-08-24 Read second time. Ordered to consent calendar. reading-1, reading-2
2023-08-28 From consent calendar on motion of Assembly Member Bryan.
2023-08-28 Ordered to third reading.
2023-09-06 Read third time and amended. amendment-passage, reading-1, reading-3
2023-09-06 Ordered to third reading.
2023-09-11 Read third time. Passed. (Ayes 80. Noes 0. Page 3146.) Ordered to the Senate. passage, reading-1, reading-3
2023-09-11 In Senate. Concurrence in Assembly amendments pending.
2023-09-14 Assembly amendments concurred in. (Ayes 40. Noes 0. Page 2834.) Ordered to engrossing and enrolling. amendment-passage, committee-passage-favorable
2023-09-21 Enrolled and presented to the Governor at 4 p.m.
2023-10-04 Approved by the Governor. executive-signature
2023-10-04 Chaptered by Secretary of State. Chapter 312, Statutes of 2023. became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/5522957d-b63e-410d-a3e5-af7f57b939cc. Confidence: reported (aggregated from official California legislature records).