Section 20635 Of Chapter 3. Senior Citizens Tenant-stockholder Property Tax Postponement Law From California Revenue And Taxation Code >> Division 2. >> Part 10.5. >> Chapter 3.

. The Controller shall reduce the amount postponed pursuant to this chapter by the amounts of any payment received for that purpose and by notification by the Franchise Tax Board of assistance payable pursuant to Chapter 1 (commencing with Section 20501). The Controller shall increase the amount postponed to reflect subsequent postponement payments pursuant to this chapter and accrued interest.