SB-293
Budget & Economy

Real property tax: transfer of base year value: generational transfers: wildfire.

Engrossed
CA
2025-2026 Regular Session
0
0
Track

Key Takeaways

  • Extends the property tax exclusion filing deadline to three years for properties damaged by specific 2025 wildfires.
  • Maintains property tax benefits when transferring homes between parents, children, grandparents and grandchildren.
  • Requires properties to become the transferee's primary residence within one year to qualify for tax benefits.
  • Allows counties to charge processing fees up to $175 for late exclusion claims.

Summary

Senator Pérez's property tax legislation extends the filing deadline for certain property tax exclusions in Los Angeles County, specifically addressing properties damaged by six major wildfires in 2025. The bill allows property owners to file claims within three years of receiving a supplemental or escape assessment notice, rather than the standard six-month window, if their property was reassessed due to damage from the Palisades, Eaton, Hurst, Lidia, Sunset, or Woodley fires.

The measure modifies existing parent-child and grandparent-grandchild transfer exclusions by treating claims as timely when filed within this extended period, provided the property was damaged by one of the specified fires and the Governor declared a state of emergency. It also adjusts the timeline for claiming homeowners' and disabled veterans' exemptions, allowing claims within one year of receiving an assessment notice under the same wildfire-related circumstances.

For properties not impacted by the fires, the bill maintains current filing requirements, including the six-month deadline after receiving an assessment notice. Local tax officials retain authority to impose a one-time processing fee, capped at $175, for late claims filed beyond 60 days of notification. The legislation includes provisions for state reimbursement to local agencies for costs associated with implementing these changes.

Key Dates

Next Step
Referred to the Assembly Standing Committee on Revenue and Taxation
Next Step
Assembly Committee
Referred to the Assembly Standing Committee on Revenue and Taxation
Hearing scheduled for , State Capitol, Room 126
Vote on Senate Floor
Senate Floor
Vote on Senate Floor
Special Consent SB293 Pérez
Senate Appropriations Hearing
Senate Committee
Senate Appropriations Hearing
Do pass
Senate Appropriations Hearing
Senate Committee
Senate Appropriations Hearing
Placed on suspense file
Senate Revenue and Taxation Hearing
Senate Committee
Senate Revenue and Taxation Hearing
Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations]
Introduced
Senate Floor
Introduced
Introduced. Read first time. To Com. on RLS. for assignment. To print.

Contacts

Profile
Sharon Quirk-SilvaD
Assemblymember
Committee Member
Not Contacted
Not Contacted
Profile
Mike GipsonD
Assemblymember
Committee Member
Not Contacted
Not Contacted
Profile
Tina McKinnorD
Assemblymember
Committee Member
Not Contacted
Not Contacted
Profile
Jasmeet BainsD
Assemblymember
Committee Member
Not Contacted
Not Contacted
Profile
Tri TaR
Assemblymember
Committee Member
Not Contacted
Not Contacted
0 of 8 row(s) selected.
Page 1 of 2
Select All Legislators
Profile
Sharon Quirk-SilvaD
Assemblymember
Committee Member
Profile
Mike GipsonD
Assemblymember
Committee Member
Profile
Tina McKinnorD
Assemblymember
Committee Member
Profile
Jasmeet BainsD
Assemblymember
Committee Member
Profile
Tri TaR
Assemblymember
Committee Member
Profile
Carl DeMaioR
Assemblymember
Committee Member
Profile
Robert GarciaD
Assemblymember
Committee Member
Profile
Sasha Renee PerezD
Senator
Bill Author

Get Involved

Act Now!

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

Introduced By

Sasha Renee Perez
Sasha Renee PerezD
California State Senator
40% progression
Bill has passed all readings in its first house and is ready to move to the other house (5/29/2025)

Latest Voting History

May 29, 2025
PASS
Senate Floor
Vote on Senate Floor
AyesNoesNVRTotalResult
380240PASS

Key Takeaways

  • Extends the property tax exclusion filing deadline to three years for properties damaged by specific 2025 wildfires.
  • Maintains property tax benefits when transferring homes between parents, children, grandparents and grandchildren.
  • Requires properties to become the transferee's primary residence within one year to qualify for tax benefits.
  • Allows counties to charge processing fees up to $175 for late exclusion claims.

Get Involved

Act Now!

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

Introduced By

Sasha Renee Perez
Sasha Renee PerezD
California State Senator

Summary

Senator Pérez's property tax legislation extends the filing deadline for certain property tax exclusions in Los Angeles County, specifically addressing properties damaged by six major wildfires in 2025. The bill allows property owners to file claims within three years of receiving a supplemental or escape assessment notice, rather than the standard six-month window, if their property was reassessed due to damage from the Palisades, Eaton, Hurst, Lidia, Sunset, or Woodley fires.

The measure modifies existing parent-child and grandparent-grandchild transfer exclusions by treating claims as timely when filed within this extended period, provided the property was damaged by one of the specified fires and the Governor declared a state of emergency. It also adjusts the timeline for claiming homeowners' and disabled veterans' exemptions, allowing claims within one year of receiving an assessment notice under the same wildfire-related circumstances.

For properties not impacted by the fires, the bill maintains current filing requirements, including the six-month deadline after receiving an assessment notice. Local tax officials retain authority to impose a one-time processing fee, capped at $175, for late claims filed beyond 60 days of notification. The legislation includes provisions for state reimbursement to local agencies for costs associated with implementing these changes.

40% progression
Bill has passed all readings in its first house and is ready to move to the other house (5/29/2025)

Key Dates

Next Step
Referred to the Assembly Standing Committee on Revenue and Taxation
Next Step
Assembly Committee
Referred to the Assembly Standing Committee on Revenue and Taxation
Hearing scheduled for , State Capitol, Room 126
Vote on Senate Floor
Senate Floor
Vote on Senate Floor
Special Consent SB293 Pérez
Senate Appropriations Hearing
Senate Committee
Senate Appropriations Hearing
Do pass
Senate Appropriations Hearing
Senate Committee
Senate Appropriations Hearing
Placed on suspense file
Senate Revenue and Taxation Hearing
Senate Committee
Senate Revenue and Taxation Hearing
Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations]
Introduced
Senate Floor
Introduced
Introduced. Read first time. To Com. on RLS. for assignment. To print.

Latest Voting History

May 29, 2025
PASS
Senate Floor
Vote on Senate Floor
AyesNoesNVRTotalResult
380240PASS

Contacts

Profile
Sharon Quirk-SilvaD
Assemblymember
Committee Member
Not Contacted
Not Contacted
Profile
Mike GipsonD
Assemblymember
Committee Member
Not Contacted
Not Contacted
Profile
Tina McKinnorD
Assemblymember
Committee Member
Not Contacted
Not Contacted
Profile
Jasmeet BainsD
Assemblymember
Committee Member
Not Contacted
Not Contacted
Profile
Tri TaR
Assemblymember
Committee Member
Not Contacted
Not Contacted
0 of 8 row(s) selected.
Page 1 of 2
Select All Legislators
Profile
Sharon Quirk-SilvaD
Assemblymember
Committee Member
Profile
Mike GipsonD
Assemblymember
Committee Member
Profile
Tina McKinnorD
Assemblymember
Committee Member
Profile
Jasmeet BainsD
Assemblymember
Committee Member
Profile
Tri TaR
Assemblymember
Committee Member
Profile
Carl DeMaioR
Assemblymember
Committee Member
Profile
Robert GarciaD
Assemblymember
Committee Member
Profile
Sasha Renee PerezD
Senator
Bill Author