Property Tax Postponement
Property Tax Postponement (PTP)
PTP Program Suspension Statement
In February 2009, the State Legislature indefinitely suspended the State Controller's Office Property Tax Postponement Program. Since that time, the Controller’s Office has been working with the Legislature to restore the program or find alternative ways to assist senior, blind and disabled homeowners with their property taxes. However, the State Controller's Office Property Tax Postponement Program remains suspended.
On September 30, 2011, the Governor signed AB 1090, (Chapter 369, Statutes of 2011) which allows each county, if they wish, to implement a property tax postponement program for properties located in their county. The voluntary county-run property tax postponement program is effective January 1, 2012.
On September 28, 2014, the Governor signed AB 2231 (Statutes of 2014, Chapter 703) which reinstates the State Controller's Property Tax Postponement Program. This program will allow senior citizens and disabled persons with an annual household income of $35,500 or less to apply to defer payment of property taxes on their principal residence. Under this bill, applications may be filed with the State Controller beginning September 1, 2016.