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Committee moves AB 245 to expand property‑tax relief for Los Angeles wildfire victims
Summary
The committee advanced AB 245, which would extend rebuilding deadlines and allow downward reassessments for property owners affected by the January Los Angeles County fires, after testimony from county assessors and housing and insurance groups.
Assemblymember Gibson introduced AB 245 and described the bill as urgent property‑tax relief for victims of the 2025 fires in the city and county of Los Angeles. The author asked for two principal relief measures: (1) extend the rebuilding deadline by three years to allow victims more time to rebuild while maintaining the property's base‑year value and (2) allow automatic downward property value adjustments for fire‑damaged homes…
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