“New base year value” means the full cash value of property on the date it changes ownership or of new construction on the date it is completed.
(Added by Stats. 1983, Ch. 498, Sec. 133. Effective July 28, 1983.)
Section 75.8
Rev. & Tax. Code § 75.8, under Definitions and General Provisions.
Rev. & Tax. Code § 75.8