CHAPTER 4. Assessment by State Board of Equalization Generally [721. - 868.]

Chapter 4 enacted by Stats. 1939, Ch. 154.

§§ 721–868 · 43 sections

1. ARTICLE 1. General Provisions §§ 721–725 · 8 sections

   • § 721 The board shall annually value and assess all of the taxable property within the state that is to be assessed by it pursuant to Section 19 of Article XIII of…
   • § 721.5 (a) Notwithstanding Section 721 or any other provision of law to the contrary, commencing with the lien date for the 2003–04 fiscal year, the board shall…
   • § 722 State-assessed property shall be assessed at its fair market value or full value as of 12:01 a.m. on the first day of January. The board shall annually prepare…
   • § 722.5 (a) Real property assessed by the board pursuant to Section 19 of Article XIII of the California Constitution on January 1, which thereafter becomes subject to…
   • § 723 The board may use the principle of unit valuation in valuing properties of an assessee that are operated as a unit in a primary function of the assessee. When…
   • § 723.1 Operating nonunitary properties are those that the assessee and its regulatory agency consider to be operating as a unit, but the board considers not part of…
   • § 724 Whenever any act is required or allowed to be done on or before a date specified in this chapter and that day is a Saturday, Sunday or holiday, the act may be…
   • § 725 The failure to receive any notice required to be given by the board or the failure of the board to complete any action by a date specified under this chapter,…
2. ARTICLE 2. Assessments §§ 731–733 · 3 sections

   • § 731 Each year between the first day of January and the first day of June, upon valuing the unitary property of an assessee, the board shall mail to the assessee,…
   • § 732 Each year between the first day of January and the last day of July, upon valuing the nonunitary property of an assessee, the board shall mail to the assessee…
   • § 733 (a) If a timely petition for reassessment is not filed with the board, an assessment of unitary or nonunitary property of the assessee shall become final at…
3. ARTICLE 3. Reassessments and Allocation Corrections §§ 741–749 · 9 sections

   • § 741 A petition for reassessment of unitary or nonunitary property shall be in writing and shall state the specific grounds upon which it is claimed a correction or…
   • § 742 Upon receipt of a timely petition for reassessment, the board shall set a time and place within the state for hearing on the petition. Notice thereof shall be…
   • § 743 The hearing may be continued by the board for good cause. The hearing shall be open to the public, except that upon conclusion of the taking of evidence the…
   • § 744 (a) The board shall notify the petitioner of its decision on a petition for reassessment by mail and shall make written findings and conclusions if requested…
   • § 745 The assessment of the unitary and operating nonunitary property of an assessee shall be allocated to assessments on the roll prepared by the board among the…
   • § 746 Each year, upon or prior to the completion of the assessment roll prepared by the board, but not later than June 15, the board shall mail notice to each…
   • § 747 A petition for correction of an allocated assessment shall be in writing and state the specific grounds upon which it is claimed a correction or adjustment in…
   • § 748 Upon receipt of a timely petition for correction of an allocated assessment, the board shall set a time and place within the state for hearing on the petition.…
   • § 749 Section 743 shall be applicable to hearings on petitions for correction of an allocated assessment and the board shall notify the petitioner of its decision by…
4. ARTICLE 4. Assessment Estimates and Assessment Roll §§ 755–760 · 5 sections

   • § 755 (a) On or before July 15, the board shall transmit to each county auditor an estimate of the total unitary value and operating nonunitary value of…
   • § 756 (a) On or before July 31, the board shall transmit to each county auditor a roll showing the unitary and operating nonunitary assessments made by the board in…
   • § 758 If the board roll has been transmitted to the local auditors, the board may make an assessment of escaped property or a roll correction. At least 30 days prior…
   • § 759 (a) If a timely petition for reassessment is not filed in accordance with the notice provided by the board pursuant to Section 758, an escape assessment or…
   • § 760 (a) If any amount assessed by the board becomes delinquent on the secured roll, the tax collector may utilize those procedures for the collection of taxes on…
5. ARTICLE 5. Property Statements §§ 826–834 · 10 sections

   • § 826 Upon request of the board, a person shall submit a property statement pertaining to any state-assessed property owned, claimed, possessed, used, controlled, or…
   • § 827 The statement shall show specifically any information required by the board in order to assess State assessed property.
   • § 828 Any person with knowledge or records pertinent to the appraisal of state-assessed property shall make them available to the board on request. The person shall…
   • § 829 Failure of the board to demand or secure the property statement does not render any assessment invalid.
   • § 830 (a) If the request of the board is mailed before the lien date as defined in Section 722, the property statement shall be filed with the board by March 1, and…
   • § 830.1 Notwithstanding Section 15620 of the Government Code, the board, by order entered upon its minutes and for good cause shown, may extend the time fixed for…
   • § 831 On forms and at times prescribed by the board, it may require the assessor of any county or city to report any information in his possession concerning the…
   • § 832 The board may call on any State department, board, bureau, or commission for any assistance it can render.
   • § 833 (a) Except as provided herein, all information required by the board or furnished in the property statement shall be held secret by the board and by any person…
   • § 834 The board may destroy any documents containing information obtained from taxpayers when six years have elapsed since the lien date for the taxes for which that…
6. ARTICLE 6. State Assessed Property Escaping Assessment §§ 861–868 · 8 sections

   • § 861 If any property subject to assessment by the board pursuant to Section 19 of Article XIII of the Constitution escapes assessment, the board shall assess it in…
   • § 862 When an assessee, after a request by the board, fails to file a property statement by the date specified in Section 830 or files with the board a property…
   • § 863 If any state assessee or his agent willfully conceals, fails to disclose, removes, transfers, or misrepresents state-assessed property in order to evade…
   • § 864 (a) Property which is found to have escaped assessment may either be added to the roll for the fiscal year in which it is discovered or included with the…
   • § 865 When the value of a state assessee’s unitary property that lies in more than one tax-rate area has been underallocated to one or more tax-rate areas and…
   • § 866 Any assessment to which the penalty provided in Section 863 must be added shall be made within six years of July 1 of the assessment year in which the property…
   • § 867 An assessment made pursuant to this article against real property for the year or years in which such real property escaped assessment shall not create or…
   • § 868 If, before the expiration of the time prescribed in Section 866 for making an escape assessment, the taxpayer has consented in writing to allow an assessment…