Taxation: local government finance: property tax.

Existing property tax law authorizes an eligible county, as defined, upon the recommendation of the assessor and by resolution of its board of supervisors, to elect to participate in the State-County Property Tax Administration Loan Program, pursuant to which a participating county, in each fiscal year from the 1995-96 fiscal year to the 2001–02 fiscal year, inclusive, was eligible to receive a loan from the state, as specified, for the purposes of providing supplemental funding for that county's local administration of the ad valorem property tax. This bill would make technical, nonsubstantive changes to those provisions.