CAL.Regulation
California extends property-tax welfare exemption for conservation lands through 2032
Governor Gavin Newsom signed AB 1668 on September 29, 2026, as an urgency tax levy that took effect immediately. It amends Revenue and Taxation Code section 214.02 to keep the property tax welfare exemption for land used exclusively to preserve native plants, animals and open space through the 2032 lien date, with repeal on January 1, 2033. The state will not reimburse local agencies for lost revenue.
Enrolled text (California Legislative Information) → · Office of the Governor
Key points
- Extends the conservation-land welfare exemption through lien date 2032.California Legislative Information
- The state will not reimburse local agencies for property tax revenue lost under the extension.California Legislative Information
- Chapter 814, Statutes of 2026, amends Revenue and Taxation Code section 214.02; as a tax levy it took effect immediately on September 29, 2026.California Legislative Information
- Signed September 29, 2026 as part of California’s conservation package.Office of the Governor