Riverside County Treasurer-Tax Collector Matthew Jennings Applauds Signing of AB 3288
July 24, 2024
On Monday, July 15, California Governor Gavin Newsom announced the signing of AB 3288, a significant legislative step aimed at clarifying the tax sale process and addressing gaps in existing laws. This bill, introduced by the Committee on Revenue and Taxation, revises the deadline for taxing agencies to object to a tax sale and clarifies the procedures for mailing claims for excess proceeds from such sales.
“We extend our gratitude to the California Association of County Treasurer-Tax Collector’s and the Committee on Revenue and Taxation for their support of this crucial legislation, which provides clear guidelines for the public, tax collectors, and taxing agencies,” said Riverside County Treasurer-Tax Collector Matthew Jennings. “I am proud of our team's contribution to this bill, enhancing the tax collection process.”
Key provisions of AB 3288 include:
1. Taxing agencies must send any resolutions objecting to a tax sale to the tax collector before the first publication of the notice of intended sale.
2. Claims for excess proceeds from a tax sale must be mailed in a sealed envelope with proper postage or shipped with an IRS-designated or tax collector-approved independent delivery service, properly addressed with prepaid fees.
3. The claim is considered received based on the date shown by the post office cancellation mark stamped upon the envelope containing the claim, or the shipment date shown on the delivery service’s packing slip or air bill.
4. If a claim mailed via the United States Postal Service lacks an official postmark, the filing date is the date the county treasurer-tax collector’s office receives it.
Jennings emphasized that the successful passage of AB 3288 was a result of collaborative efforts between state and local agencies. “This bill represents the culmination of extensive discussions and partnerships. We worked closely with various stakeholders to ensure that the legislation addressed practical concerns and provided a fair and transparent process for all involved,” Jennings noted. “Our commitment to serving the residents of Riverside County and enhancing public trust in the tax collection process remains steadfast.”
AB 3288 is scheduled to go into effect January 1, 2025.
For additional information on the tax sale, visit countytreasurer.org or call the Treasurer-Tax Collector’s office at 951-955-3985.
About Riverside County Treasurer-Tax Collector
The Riverside County Treasurer-Tax Collector is responsible for the billing and collection of property taxes, and, for the receiving, processing, investing and most importantly, safeguarding of public funds, as mandated by the laws of the state of California. The combined office is led by Matthew Jennings, a countywide, publicly elected official serving the fourth largest county in California by landmass and by population. Established May 9, 1893, Riverside County encompasses 7,303 square miles, 28 cities and a population of nearly 2.4 million.
# # #
