Section 75.8.

Cal. Revenue and Taxation Code - RTC § 75.8.
in effect
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“New base year value” means the full cash value of property on the date it changes ownership or of new construction on the date it is completed.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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