Relating to the assessment of homesteads damaged by wildfire; prescribing an effective date.
Catchline/Summary:
Provides that new property or new improvements to property constructed on same lot to replace homestead destroyed or damaged by wildfire in September 2020 may not be taken into account or added to assessment roll for any property tax year beginning before July 1, 2025. Provides that new property or new improvements to property constructed on same lot to replace homestead destroyed or damaged by wildfire in September 2020 may not be taken into account or added to assessment roll for any property tax year beginning before July 1, 2025.
Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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SB 459 Senate Committee On Finance and Revenue
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