California Revenue and Taxation Code 20511 – “Property tax” shall mean only those property taxes for the fiscal …
“Property tax” shall mean only those property taxes for the fiscal year in which application for assistance is made pursuant to Section 20541.
When a residential dwelling is owned by two or more individuals as joint tenants or tenants in common and one or more of such persons is not a member of the claimant’s household, the term “property tax” shall include only that part of the taxes levied which reflects the ownership of the claimant and other members of the household.
Terms Used In California Revenue and Taxation Code 20511
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Person: includes any person, firm, partnership, general partner of a partnership, limited liability company, registered limited liability partnership, foreign limited liability partnership, association, corporation, company, syndicate, estate, trust, business trust, or organization of any kind. See California Revenue and Taxation Code 19
- Spouse: includes "registered domestic partner" as required by §. See California Revenue and Taxation Code 12.2
The property tax proration required by the preceding sentence shall not apply to the extent of the ownership interest of the claimant and one or more of the following:
(a) The claimant’s spouse.
(b) The parents, children (natural or adopted), or grandchildren of either the claimant or the claimant’s spouse, or
(c) The spouse of any person enumerated in subdivision (b) of this section.
(Added by Stats. 1977, Ch. 1242.)