Suspended (CAO 2009-009) 06.16/2009
The Property Tax Postponement Law allows eligible homeowners the option of having
the state pay the property taxes on their principal place of residence. To be eligible
for postponement, you must, (1) be either 62 years of age or older, blind, or disabled;
(2) own and occupy your home as of December 31, 2004 (3) have a 2004 household income
of $24,000, or less; and (4) possess 20% equity interest in your home. The amount
of taxes postponed plus accrued interest must be repaid to the State of California
when the homeowner dies, sells, moves from the property or allows senior liens to
become delinquent. The filing period is May 15 through December 10 annually. A claim
must be filed each year the homeowner desires to have the property taxes postponed.
Forms and information: You can get claim forms or information regarding the Property
Tax Postponement Program by contacting the State Controllers Office Website:
www.sco.ca.gov or by contacting the State Controllers Office at
1-800-952-5661. If you are calling
from the 916 area code, please call
327-5587.