SACRAMENTO – Assemblymember Marie Waldron, R-Escondido, announced that she is authoring Assembly Constitutional Amendment 24 to provide relief for the property owners who were affected by the devastating wildfires last year, and the mudslides that followed. Jerome E. Horton, 3rd District board member of the state Board of Equalization is the primary sponsor of the measure.
The amendment will allow the application of base-year value transfers to a replacement home in any county for individuals whose home was substantially damaged or destroyed in a governor-declared disaster occurring between Jan. 1, 2017, and June 30, 2018.
Over the last year, California has suffered a number of devastating natural disasters across the state, including the Lilac Fire in the 75th Assembly district, displacing residents and destroying homes. As a result, residents are forced to move out of their communities and relocate due to the devastation and uncertainty surrounding their old communities. In an effort to alleviate hardships caused by fire, flooding and mud slides, the amendment seeks to allow homeowners to transfer their base-year value to a replacement home.
“We must help our residents who lost everything due to the natural disasters that ravished our great state.” Waldron said. “This ACA will help them rebuild their lives.”
Natural disasters bring great damage, loss, destruction and devastation to life, property and infrastructure. Last year was no exception for California, specifically with the unprecedented wildfires and mudslides that have created challenges for many local communities. In the aftermath of these disasters, rebuilding can take several months to several years to navigate the process.
“California, while rich in resources, has the highest poverty rate in the country. It is my duty as an elected official to support policies that help the state’s most vulnerable and those in need, and ACA-24 lends support to the thousands displaced by last year’s disasters,” Horton said.
Assemblymember Marie Waldron, R-Escondido, represents the 75th Assembly District in the California Legislature, which includes the communities of Bonsall, Escondido, Fallbrook, Hidden Meadows, Rainbow, San Marcos, Temecula, Valley Center and Vista.
