AB 1416: Property taxation: redemption: permanent installment plan.

This bill would modify the conditions for a one-year deferral of payment under an installment payment plan for delinquent taxes on tax-defaulted property. The deferral is currently allowed if the county is in a state of emergency or disaster and certain conditions are met, including that the plan was already in existence. The bill would change this condition to require the plan to be already in existence or an application for the plan to have been submitted at the time of deferral request. Additionally, the bill would remove an outdated definition from these provisions.