California SB663 provides property tax exemptions and reassessment for properties damaged by specified wildfires in Los Angeles and Ventura counties.

California SB663 amends the Revenue and Taxation Code to provide property tax exemptions and reassessment for properties damaged by the 2025 Palisades Fire, Eaton Fire, Hurst Fire, Lidia Fire, Sunset Fire, Woodley Fire, Mountain Fire, and Franklin Fire. The bill allows for reassessment of properties damaged by these fires within 24 months of the disaster. It exempts properties owned by veterans or their surviving spouses from taxation if they meet certain conditions, such as being the principal place of residence.

California SB663 provides property tax exemptions and reassessment for properties damaged by specified wildfires in Los Angeles and Ventura counties.

California SB663 amends the Revenue and Taxation Code to provide property tax exemptions and reassessment for properties damaged by the 2025 Palisades Fire, Eaton Fire, Hurst Fire, Lidia Fire, Sunset Fire, Woodley Fire, Mountain Fire, and Franklin Fire. The bill allows for reassessment of properties damaged by these fires within 24 months of the disaster. It exempts properties owned by veterans or their surviving spouses from taxation if they meet certain conditions, such as being the principal place of residence.