CBPA Push for Property Tax Penalty Grace Period

NAIOP SoCal’s representative in Sacramento, the California Business Properties Association (CBPA) has been aggressively fighting for some type of property tax relief.  Attached is a press release we sent out today by CBPA to draw attention to the fact that only four counties have waived the property tax penalty.  For the full text of the press release click on the link below:

Commercial Property Owners Urge ALL Counties to Consider a 90-Day Grace Period Before Imposing 10% Late Penalty

Additional Press Coverage:

Sacramento Bee Article:  Sacramento property taxes due Friday to avoid penalties. Only four counties OK’d payment delay”