Property taxation: redemption: permanent installment plan.

Assembly Member Ta's property tax legislation expands access to payment deferrals for property owners affected by declared disasters by modifying when taxpayers can establish installment plans. Under current law, property owners in counties designated as disaster areas can defer existing installment payments for delinquent taxes by one year, but only if their payment plan predates their deferral request. The proposed change would allow property owners to both establish a new installment plan and request its deferral simultaneously.

The deferral process maintains other existing requirements - property owners must demonstrate substantial disaster-related damage, file their application by September 1 of the following fiscal year, and cannot receive other forms of disaster relief. While payments may be deferred, interest continues to accrue and becomes due along with the delayed installments.

This modification to the tax code affects the timing and administration of property tax collection in disaster-declared counties. Tax collectors will need to process new installment plans concurrent with deferral requests, potentially altering both the schedule of incoming revenue and administrative procedures. The change applies specifically to counties where the Governor has formally declared a state of emergency or disaster due to major misfortune or calamity.