Cal. Health and Safety Code § 33401
Cal. Health and Safety Code § 33401
California · California Health and Safety Code · Status: effective · Effective 1994-01-01
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- Citation
- Cal. Health and Safety Code § 33401, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/866106
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Full text
The agency may in any year during which it owns property in a redevelopment project that is tax exempt pay directly to any city, county, city and county, district, including, but not limited to, a school district, or other public corporation for whose benefit a tax would have been levied upon the property had it not been exempt, an amount of money in lieu of taxes that may not exceed the amount of money the public entity would have received if the property had not been tax exempt.