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    © 2025 Veeto.
    AB-245
    Budget & Economy

    Property taxation: application of base year value: disaster relief.

    Engrossed
    CA
    ∙
    2025-2026 Regular Session
    0
    0
    Track
    Track

    Key Takeaways

    • Extends the property tax relief application period by 3 years for victims of specific 2025 California fire disasters.
    • Allows property owners 8 years to rebuild while maintaining their original property tax base value.
    • Requires tax assessors to factor in disaster-related property value reductions for the 2025-26 tax year.
    • Takes effect immediately to provide urgent tax relief for fire-damaged properties in six affected areas.

    Summary

    Assembly Member Gipson's property tax relief measure extends reconstruction deadlines and adjusts valuation methods for properties damaged in the 2025 California fire disasters. The legislation provides affected property owners an additional three years beyond the standard five-year period to rebuild while retaining their original property tax base year value, specifically targeting damage that occurred between January 7 and February 1, 2025, in the Palisades, Eaton, Hurst, Lidia, Sunset, and Woodley areas.

    The bill establishes new valuation protocols requiring assessors to account for reductions in property value due to damage, destruction, depreciation, or obsolescence when determining January 2025 fair market values. Properties must demonstrate damage resulting in value reduction exceeding $10,000 to qualify for these adjusted valuations. While local tax authorities must implement these changes without state reimbursement for lost property tax revenue, the state remains obligated to cover any new administrative costs deemed state-mandated by the Commission on State Mandates.

    Designated as urgency legislation for immediate implementation, the measure aims to provide prompt relief to property owners who may face challenges meeting existing deadlines or responding to eligibility notices. The provisions apply to property tax assessments beginning in the 2025-26 fiscal year and continue in subsequent years, establishing a framework for consistent application of these disaster relief mechanisms across affected jurisdictions.

    Key Dates

    Next Step
    Referred to the Senate Standing Committee on Revenue and Taxation
    Next Step
    Senate Committee
    Referred to the Senate Standing Committee on Revenue and Taxation
    Hearing scheduled for , 1021 O Street, Room 1200
    Vote on Assembly Floor
    Assembly Floor
    Vote on Assembly Floor
    AB 245 Gipson Third Reading Urgency
    Assembly Appropriations Hearing
    Assembly Committee
    Assembly Appropriations Hearing
    Do pass
    Assembly Revenue And Taxation Hearing
    Assembly Committee
    Assembly Revenue And Taxation Hearing
    Do pass as amended and be re-referred to the Committee on [Appropriations]
    Introduced
    Assembly Floor
    Introduced
    Read first time. To print.

    Contacts

    Profile
    Mike GipsonD
    Assemblymember
    Bill Author
    Not Contacted
    Not Contacted
    Profile
    Tim GraysonD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    Tom UmbergD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    Angelique AshbyD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    Jerry McNerneyD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    0 of 6 row(s) selected.
    Page 1 of 2
    Select All Legislators
    Profile
    Mike GipsonD
    Assemblymember
    Bill Author
    Profile
    Tim GraysonD
    Senator
    Committee Member
    Profile
    Tom UmbergD
    Senator
    Committee Member
    Profile
    Angelique AshbyD
    Senator
    Committee Member
    Profile
    Jerry McNerneyD
    Senator
    Committee Member
    Profile
    Suzette ValladaresR
    Senator
    Committee Member

    Similar Past Legislation

    Bill NumberTitleIntroduced DateStatusLink to Bill
    AB-1500
    Property taxation: application of base year value: disaster relief.
    February 2023
    Passed
    View Bill
    AB-556
    Property taxation: transfer of base year value: disaster relief.
    February 2023
    Passed
    View Bill
    Property taxation: transfer of base year value: disaster relief.
    February 2021
    Passed
    View Bill
    Property taxation: new construction: damaged or destroyed property.
    January 2020
    Passed
    View Bill
    Property taxation: new construction: definition.
    February 2019
    Vetoed
    View Bill
    Showing 5 of 5 items
    Page 1 of 1

    Get Involved

    Act Now!

    Email the authors or create an email template to send to all relevant legislators.

    Introduced By

    Mike Gipson
    Mike GipsonD
    California State Assembly Member
    40% progression
    Bill has passed all readings in its first house and is ready to move to the other house (6/3/2025)

    Latest Voting History

    View History
    June 3, 2025
    PASS
    Assembly Floor
    Vote on Assembly Floor
    AyesNoesNVRTotalResult
    790079PASS

    Key Takeaways

    • Extends the property tax relief application period by 3 years for victims of specific 2025 California fire disasters.
    • Allows property owners 8 years to rebuild while maintaining their original property tax base value.
    • Requires tax assessors to factor in disaster-related property value reductions for the 2025-26 tax year.
    • Takes effect immediately to provide urgent tax relief for fire-damaged properties in six affected areas.

    Get Involved

    Act Now!

    Email the authors or create an email template to send to all relevant legislators.

    Introduced By

    Mike Gipson
    Mike GipsonD
    California State Assembly Member

    Summary

    Assembly Member Gipson's property tax relief measure extends reconstruction deadlines and adjusts valuation methods for properties damaged in the 2025 California fire disasters. The legislation provides affected property owners an additional three years beyond the standard five-year period to rebuild while retaining their original property tax base year value, specifically targeting damage that occurred between January 7 and February 1, 2025, in the Palisades, Eaton, Hurst, Lidia, Sunset, and Woodley areas.

    The bill establishes new valuation protocols requiring assessors to account for reductions in property value due to damage, destruction, depreciation, or obsolescence when determining January 2025 fair market values. Properties must demonstrate damage resulting in value reduction exceeding $10,000 to qualify for these adjusted valuations. While local tax authorities must implement these changes without state reimbursement for lost property tax revenue, the state remains obligated to cover any new administrative costs deemed state-mandated by the Commission on State Mandates.

    Designated as urgency legislation for immediate implementation, the measure aims to provide prompt relief to property owners who may face challenges meeting existing deadlines or responding to eligibility notices. The provisions apply to property tax assessments beginning in the 2025-26 fiscal year and continue in subsequent years, establishing a framework for consistent application of these disaster relief mechanisms across affected jurisdictions.

    40% progression
    Bill has passed all readings in its first house and is ready to move to the other house (6/3/2025)

    Key Dates

    Next Step
    Referred to the Senate Standing Committee on Revenue and Taxation
    Next Step
    Senate Committee
    Referred to the Senate Standing Committee on Revenue and Taxation
    Hearing scheduled for , 1021 O Street, Room 1200
    Vote on Assembly Floor
    Assembly Floor
    Vote on Assembly Floor
    AB 245 Gipson Third Reading Urgency
    Assembly Appropriations Hearing
    Assembly Committee
    Assembly Appropriations Hearing
    Do pass
    Assembly Revenue And Taxation Hearing
    Assembly Committee
    Assembly Revenue And Taxation Hearing
    Do pass as amended and be re-referred to the Committee on [Appropriations]
    Introduced
    Assembly Floor
    Introduced
    Read first time. To print.

    Latest Voting History

    View History
    June 3, 2025
    PASS
    Assembly Floor
    Vote on Assembly Floor
    AyesNoesNVRTotalResult
    790079PASS

    Contacts

    Profile
    Mike GipsonD
    Assemblymember
    Bill Author
    Not Contacted
    Not Contacted
    Profile
    Tim GraysonD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    Tom UmbergD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    Angelique AshbyD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    Profile
    Jerry McNerneyD
    Senator
    Committee Member
    Not Contacted
    Not Contacted
    0 of 6 row(s) selected.
    Page 1 of 2
    Select All Legislators
    Profile
    Mike GipsonD
    Assemblymember
    Bill Author
    Profile
    Tim GraysonD
    Senator
    Committee Member
    Profile
    Tom UmbergD
    Senator
    Committee Member
    Profile
    Angelique AshbyD
    Senator
    Committee Member
    Profile
    Jerry McNerneyD
    Senator
    Committee Member
    Profile
    Suzette ValladaresR
    Senator
    Committee Member

    Similar Past Legislation

    Bill NumberTitleIntroduced DateStatusLink to Bill
    AB-1500
    Property taxation: application of base year value: disaster relief.
    February 2023
    Passed
    View Bill
    AB-556
    Property taxation: transfer of base year value: disaster relief.
    February 2023
    Passed
    View Bill
    Property taxation: transfer of base year value: disaster relief.
    February 2021
    Passed
    View Bill
    Property taxation: new construction: damaged or destroyed property.
    January 2020
    Passed
    View Bill
    Property taxation: new construction: definition.
    February 2019
    Vetoed
    View Bill
    Showing 5 of 5 items
    Page 1 of 1