AB1253 — Property taxation: newly constructed property: reconstruction of damaged or destroyed property.

AB1253 — Property taxation: newly constructed property: reconstruction of damaged or destroyed property. · Informed CitizenryAB 1253 amends the Revenue and Taxation Code to modify how property is assessed following damage or destruction. Specifically, it authorizes an assessor to align the 'substantial equivalence' of re…Open in Informed Citizenry