Transfer Tax Bill Stalled

C.A.R. opposed AB 827 (Yamada). AB 827 would permit counties to impose a recording "tax" up to $3 per property-related document to fund archival services. While this amount may seem small, it is only the beginning of what it is anticipated to be a growing trend of taxing property-related services to fund all manner of local government expenditures. C.A.R. is troubled that sponsors of this legislation are attempting to circumvent local voters by calling this proposal a “fee,” rather than what it really is – a tax. After a recent C.A.R. Red Alert, this week AB 827 was placed on the Inactive File by its author.