California Statutes
§ 423.4. — 423.4. (Amended by Stats. 2002, Ch. 616, Sec. 38.)
California·Code RTC Revenue and Taxation Code - RTC·Div. 1. DIVISION 1. PROPERTY TAXATION·Part 2. PART 2. ASSESSMENT·Ch. 3. CHAPTER 3. Assessment Generally·Art. 1.5. ARTICLE 1.5. Valuation of Open-Space Land Subject to an Enforceable Restriction
Land subject to a farmland security zone contract specified in Section 51296.1 of the Government Code shall be valued for assessment purposes at 65 percent of the value under Section 423 or 65 percent of the value under Section 110.1, whichever is lower.
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California § 423.4. (423.4. (Amended by Stats. 2002, Ch. 616, Sec. 38.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2002, Ch. 616, Sec. 38. Effective January 1, 2003.