Section 423.4.

Cal. Revenue and Taxation Code - RTC § 423.4.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Land subject to a farmland security zone contract specified in Section 51296.1 of the Government Code shall be valued for assessment purposes at 65 percent of the value under Section 423 or 65 percent of the value under Section 110.1, whichever is lower.

References

referencesCal. Government Code - GOV § 51296.1.
referencesCal. Revenue and Taxation Code - RTC § 423.
referencesCal. Revenue and Taxation Code - RTC § 110.1.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

Starting a business in California? California LLC guide: costs and requirements