(Sacramento, CA) – Senator Jeff Stone (R-Riverside County) today introduced Senate Bill 1091, a measure that gives homeowners whose property was destroyed in a natural disaster in 2017 or 2018 relief from reassessment of replacement properties.
“If a family had their home destroyed in the fires, floods or mud slides of the last year, they shouldn’t be forced to see massive increases in their property taxes that may make it impossible for them to rebuild,” said Senator Stone.
SB 1091 specifically will allow a property owner whose home was destroyed in one of the several natural disasters of the last year to rebuild their home on a comparable piece of property in the state without having their property tax basis affected.
“Affordable housing is hard enough to find in California. People who have lost everything shouldn’t be punished with huge property tax increases just because their home was destroyed by fire or flood. This bill will go a long way towards allowing families to heal from the disasters they survived,” said Senator Stone.
SB 1091 was introduced this afternoon and will eventually be referred to the appropriate policy committee to be debated and voted upon.
Senator Stone introduces SB 1091