Bill to Study Benefits of More Equitable Taxation for Property Introduced by Assemblymember Alex Lee

Wednesday, February 1, 2023

Today, Assemblymember Alex Lee introduced AB 362 in order to study statewide alternatives that could incentivize more building permits in the State of California. The bill would require the California Department of Tax and Fee Administration to study the efficacy of a statewide land value taxation system as a potential alternative to current appraisal methods for real property taxation.