News: Lena Gonzalez
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CAA has sponsored legislation designed to lower the property taxes of landlords who’ve suffered financial damages due to COVID-19.
SB 1431 by Sen. Steve Glazer, D-Orinda, would clear the way for landlords to request property tax reassessments based on financial losses attributable to the virus. Specifically, these damages would need to come from rent freezes, eviction moratoria, and other tenant protections imposed by governments in response to the outbreak.
Sen. Steven Glazer
SB 1431 is one of two CAA-sponsored bills that went into print in recent days to provide landlords with relief during the pandemic. The other bill, SB 1410… Read More
Tagged: COVID-19Legislation