Terms Used In California Codes > Revenue and Taxation Code > Division 1 > Part 1 > Chapter 6 - Earthquake and Fire Disaster Relief

• Controller: means the State Controller. See California Revenue and Taxation Code 21
• County: includes city and county. See California Water Code 14
• County: includes city and county. See California Revenue and Taxation Code 15
• Eligible county: means a county which meets both of the following requirements:

  California Revenue and Taxation Code 197

• Eligible property: means real property and any manufactured home, including any new construction which was completed or any change in ownership which occurred prior to October 17, 1989, which meets both of the following requirements:

  California Revenue and Taxation Code 197

• Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
• Fair market value: means "full cash value" or "fair market value" as defined in Section 110. See California Revenue and Taxation Code 197
• 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.
• Original bill: A bill which is drafted by a committee. It is introduced by the committee or subcommittee chairman after the committee votes to report it.
• water: includes potable water and nonpotable water. See California Water Code 71611