California § 32150 - The authority is not required to pay any property taxes or assessments upon, or w
Full text of California Public Contract Code - PCC § 32150 — The authority is not required to pay any property taxes or assessments upon, or w, with citation guidance and answers to common questions.
§ 32150. The authority is not required to pay any property taxes or assessments upon, or w
The authority is not required to pay any property taxes or assessments upon, or with respect to, an urban waterfront restoration project or any property acquired by or for the authority under this division or upon the income therefrom, so long as the authority holds title to the project or to the property or facilities comprised in the project. The exemption of the authority from taxation of any project ceases when title to the property is transferred from the authority to any normally taxable participating party. This section does not exempt any normally taxable participating party from taxation, including, but not limited to, taxation upon a possessory interest, with respect to any project, or the property or facilities comprised in any project, which may otherwise be applicable to the participating party.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 32150
What does Public Contract Code - PCC § 32150 cover?
Section 32150 ("The authority is not required to pay any property taxes or assessments upon, or w") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 32150?
A common citation format is "Public Contract Code - PCC § 32150" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 32150 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.