Details Last updated: Saturday, September 4th, 2021 at 5:58 am Published: Saturday, September 4th, 2021 at 5:58 am
2020 Creek Fire burns in the Sierra National Forest
Photo credit: Ryan Waugh
September 4, 2021 – On Friday, Senate Law 303, written by Senator Andreas Borgeas (R-Fresno), was unanimously adopted by both houses of the California legislature. Senate Act 303 extends the deadline by two years for a taxpayer to carry over their base year value to comparable property in the same district if their home is destroyed by a disaster. Senate Law 303 is now waiting for the governor’s signature.
“California has seen an unprecedented number of forest fires in the past few years that have decimated countless homes across the state.” said Senator Borgeas. “Once a house is destroyed, residents face a vortex of obstacles and costs when trying to build a new home. SB 303 offers the victims of forest fires additional relief by giving eligible residents a total of seven years to build or buy a new home. The state of California should do everything in its power to help the victims of forest fires. “
“The Butte Fire damaged or destroyed hundreds of homes in Calaveras County in September 2015.” said Leslie K. Davis, Calaveras County Assessor. “Almost immediately, displaced residents rented or bought available property and the little supply that was available was completely exhausted by demand. After the five-year deadline for replacing their home had expired, those who were unable to complete construction were also affected by the effects of the COVID shutdown. These landowners were hit twice by the disaster; First wildfire, then a pandemic. This suggestion will help many regain a sense of normalcy. “
Read the full legal text here.
Source: Senator Andreas Borgeas
Related: California Senator Andreas Borgea’s property tax bill gives wildfire and disaster victims more time to rebuild