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SB-1437 • 2026

Property taxation: intercounty pipeline: right-of-way assessment: full cash value.

Property taxation: intercounty pipeline: right-of-way assessment: full cash value.

Energy Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Committee on Revenue and Taxation (S) - (Senators McNerney (Chair), Alvarado-Gil, Ashby, Becker, and Grayson)
Last action
2026-05-11
Official status
Referred to Com. on REV. & TAX.
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Property taxation: intercounty pipeline: right-of-way assessment: full cash value.

SB 1437, as introduced, Committee on Revenue and Taxation.

What This Bill Does

  • SB 1437, as introduced, Committee on Revenue and Taxation.
  • Property taxation: intercounty pipeline: right-of-way assessment: full cash value.
  • Existing law requires the county assessor to assess all property that is subject to taxation at its full value.
  • Existing law establishes, for any of the 1984–85 to 2025–26 tax years, inclusive, a rebuttable presumption in favor of a full cash value assessment for an intercounty pipeline right-of-way, provided that certain specified valuation standards are met in determining that assessed value.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-05-11 California Legislative Information

    Referred to Com. on REV. & TAX.

  2. 2026-04-30 California Legislative Information

    In Assembly. Read first time. Held at Desk.

  3. 2026-04-30 California Legislative Information

    Read third time. Passed. (Ayes 36. Noes 0.) Ordered to the Assembly.

  4. 2026-04-23 California Legislative Information

    Read second time. Ordered to consent calendar.

  5. 2026-04-22 California Legislative Information

    From committee: Do pass. Ordered to consent calendar. (Ayes 5. Noes 0. Page 4016.) (April 22).

  6. 2026-04-09 California Legislative Information

    Set for hearing April 22.

  7. 2026-03-18 California Legislative Information

    Referred to Com. on REV. & TAX.

  8. 2026-03-12 California Legislative Information

    From printer. May be acted upon on or after April 11.

  9. 2026-03-11 California Legislative Information

    Introduced. Read first time. To Com. on RLS. for assignment. To print.

Official Summary Text

SB 1437, as introduced, Committee on Revenue and Taxation.
Property taxation: intercounty pipeline: right-of-way assessment: full cash value.
Existing law requires the county assessor to assess all property that is subject to taxation at its full value. Existing law establishes, for any of the 1984–85 to 2025–26 tax years, inclusive, a rebuttable presumption in favor of a full cash value assessment for an intercounty pipeline right-of-way, provided that certain specified valuation standards are met in determining that assessed value.
This bill would extend the application of this rebuttable presumption to the 2030–31 fiscal year.

Current Bill Text

Read the full stored bill text 
Download Bill PDF