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Committee advances AB 1485 to extend welfare exemption and documentary transfer tax relief to tribes reclaiming land
Summary
AB 1485 would allow federally recognized tribes acquiring land for conservation or cultural stewardship to qualify for the state's welfare exemption and for a documentary transfer tax exemption; the committee passed the bill to appropriations with bipartisan support.
Assemblymember Macedo presented AB 1485, which she said would extend the state's existing welfare exemption and a new documentary transfer tax exemption to federally recognized tribes acquiring land for noncommercial conservation and stewardship purposes. The author said the bill would remove a tax barrier that often increases the effective cost of reacquiring ancestral lands and slow or prevent conservation projects led by tribes.
Tribal leaders and counsel testified…
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