Politics.AISenate BillPassed first houseRevenue and Taxation
SB 603: Property taxation: transfer of base year value: disaster relief.
What SB 603 does, verified December 13, 2025
The bill would allow counties to extend the time period to transfer base year values for properties damaged or destroyed by a disaster from 5 years to 3 years. This would apply to counties declared a state of emergency or disaster between January 1, 2025, and January 1, 2030. The bill would take effect immediately as a tax levy and would not provide reimbursement to local agencies for lost property tax revenues.
Bill journey
✓IntroducedComplete
✓In CommitteeComplete
✓First Chamber FloorComplete
4Second ChamberCurrent
5GovernorPending
6ChapteredPending
Last action: August 29 hearing: Held in committee and under submission. (2025-08-29)Alert me
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| Aug. 29, 2025 | August 29 hearing: Held in committee and under submission. |
| Aug. 20, 2025 | August 20 set for first hearing. Placed on APPR. suspense file. |
| Aug. 20, 2025 | August 20 set for first hearing. Placed on suspense file. |
| Jul. 16, 2025 | Read second time and amended. Re-referred to Com. on APPR. |
| Jul. 15, 2025 | From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 7. Noes 0.) (July 14). |