{"data":{"id":"us-ca/rtc-275.5","jurisdiction":"us-ca","citation":"RTC § 275.5","heading":"","body":"If a person claiming classification of a vessel as a documented vessel eligible for assessment under Section 227 fails to file the affidavit required by Section 254 by 5 p.m. on February 15 of the calendar year in which the fiscal year begins, but files that affidavit on or before the following August 1, the assessment shall be reduced in a sum equal to 80 percent of the reduction that would have been allowed had the affidavit been timely filed.","path":["Revenue and Taxation Code - RTC","DIVISION 1. PROPERTY TAXATION [50. - 5911.]","PART 2. ASSESSMENT [201. - 1367.]","CHAPTER 1. Taxation Base [201. - 287.]","ARTICLE 2.5. Late Exemption Claims [270. - 279.5.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"c55f0fbad7d76dc94f1319808379092a51e18fdb2a96af47b35d70809ffee956","source_id":"us-ca","stale":false,"prev":"us-ca/rtc-275","next":"us-ca/rtc-276"},"notice":"GroundRules: Original legal text. Not legal advice."}