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Senate committee advances SB 663 to extend tax deadlines and exemptions for wildfire victims
Summary
SB 663, an urgency measure presented by Senator Allen, would extend deadlines for filing misfortune-and-calamity claims and rebuilding timelines for properties damaged in the January wildfires and would preserve nonprofit welfare exemptions while properties are rebuilt; the committee voted to send the bill to Appropriations.
Senator Allen presented Senate Bill 663, an urgency measure that would extend multiple property tax timelines and preserve tax-exempt status for nonprofits whose properties were damaged or destroyed in the January wildfires. The Senate Committee on Revenue and Taxation voted to pass the bill to the Committee on Appropriations.
Allen described SB 663 as urgent tax relief to ease recovery for victims of the January wildfires, which he called among the most destructive in state history. He said the bill would extend the deadline to file misfortune-and-calamity claims from 12 to 24…
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