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Legislative update: disaster-relief bills signed; sales-ratio studies and rail assessment process ongoing
Summary
Ted Angelo reported that the governor signed disaster-relief legislation relevant to January wildfire relief and a mortgage-forbearance bill; his division continues to track two-year bills and is conducting annual sales-ratio studies used to equalize rail property assessments under rev & tax code section 1817.
Ted Angelo, chief of the Legislative Research and Statistics Division, told the board the Legislature concluded action for the year and the governor had until Oct. 13 to act on bills. Angelo summarized that several disaster-relief bills were signed and will take effect Jan. 1, and he highlighted mortgage-forbearance language intended to allow up to 12…
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