Ca_Law

statute | California

* California Constitution - CONS - CONS § SEC. 3.5

Summary

In any year in which the assessment ratio is changed, the Legislature shall adjust the valuation of assessable property described in subdivisions (o), (p) and (q) of Section 3 of this article to maintain the same proportionate values of such property.

Text

Retrieval chunks

  • #1 | * California Constitution - CONS - CONS § SEC. 3.5

    In any year in which the assessment ratio is changed, the Legislature shall adjust the valuation of assessable property described in subdivisions (o), (p) and (q) of Section 3 of this article to maintain the same proportionate values of such property.