California § 33401 - The agency may in any year during which it owns property in a redevelopment proje
Full text of California Public Contract Code - PCC § 33401 — The agency may in any year during which it owns property in a redevelopment proje, with citation guidance and answers to common questions.
§ 33401. The agency may in any year during which it owns property in a redevelopment proje
The agency may in any year during which it owns property in a redevelopment project that is tax exempt pay directly to any city, county, city and county, district, including, but not limited to, a school district, or other public corporation for whose benefit a tax would have been levied upon the property had it not been exempt, an amount of money in lieu of taxes that may not exceed the amount of money the public entity would have received if the property had not been tax exempt.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 33401
What does Public Contract Code - PCC § 33401 cover?
Section 33401 ("The agency may in any year during which it owns property in a redevelopment proje") 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 § 33401?
A common citation format is "Public Contract Code - PCC § 33401" (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 § 33401 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.