Cal. Education Code § 41052
Cal. Education Code § 41052
California · California Education Code · Status: effective
Cite this
- Citation
- Cal. Education Code § 41052, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/799089
- Permanent ID
ys:prov:799089@1- SHA-256
124cc24ea8a2126b733e23b157ccefff3e12dd924974ebaba186a0e9b291ff87
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Whenever the assessed valuation of a school district is reduced as a result of the operation of Section 992 of the Revenue and Taxation Code, the school district shall receive replacement revenue from the state for the loss of revenue to the district.
A school district shall be eligible for replacement revenue when the assessed valuation exempted as the result of the operation of Section 992 of the Revenue and Taxation Code is 30 percent or more of the district’s assessed valuation in the 1970–1971 fiscal year. A school district shall be ineligible for replacement revenue when its assessed valuation has increased 250 percent or more over the 1970–1971 fiscal year assessed valuation.