SB 706
(Bates)

Triggers reassessment under Prop 13 if if 90% or more of the direct or indirect ownership interests in a legal entity are sold or transferred in a single transaction.

History

  • March 3, 2021 – Referred to Sen. Governance and Finance.
  • February 22, 2021 – Deadline waived by supermajority vote.
  • February 19, 2021 – Introduced.