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Senate Revenue and Taxation committee unanimously concurs with Assembly amendments to extend property-tax relief for fire victims
Summary
The California State Senate Committee on Revenue and Taxation voted 5-0 to concur with Assembly amendments to a bill that extends deadlines and exemptions for property owners affected by recent fires, adds low-income disabled veterans to exemptions, and clarifies assessor authority to revoke exemptions when properties no longer qualify.
The California State Senate Committee on Revenue and Taxation voted unanimously to concur with Assembly amendments to a bill extending property-tax relief for property owners affected by recent fires and moving the measure out of committee.
The measure extends deadlines for victims to file misfortune/calamity claims, lengthens the period that special property-tax exemptions can remain in effect, adds low-income disabled veterans to eligibility for exemptions, and inserts language clarifying an assessor’s authority to revoke exemptions when property is no longer used for a qualified exempt purpose.
At the committee meeting, a sponsoring senator summarized the bill’s key changes, saying, “We extend property tax exemptions for low income…
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