ASSESSOR PRANG HELPS SMALL BUSINESSES IMPACTED BY COVID-19

A property owner can reference the current assessed value of a property at the Assessor’s website at www.assessor.lacounty.gov. For more information about filing a Decline-in-Value review, click here.

LOS ANGELES, CA – Los Angeles County Assessor Jeff Prang has taken proactive steps to assist small businesses impacted by COVID-19. The Assessor is proactively reviewing real property and business property to determine if they are entitled to property tax relief. Although home prices have skyrocketed during the pandemic, many small businesses and retail property owners have struggled to hang-on despite significant losses. In Los Angeles, as of January 30, 2021, total small business revenue decreased by 34.9% compared to January 2020.  “So many have suffered through the pandemic and may not be aware that my Office has a process that may provide temporary tax relief,” said Assessor Jeff Prang. “I am sending letters to small businesses that may qualify with information about the Decline-in-Value review program.”  A decline-in-value occurs when the current market value of a property is less than the current assessed value as of January 1. The 2021 Decline-in-Value filing period is July 2, 2021 through November 30, 2021. Online applications will be available beginning on July 2, 2021. “Once we have completed our review, those properties receiving reduced assessments will be issued a corrected bill,” Assessor Prang said. “This has been an incredibly difficult time for business owners and I urge businesses to avail themselves of this program, if their real property or business personal property was negatively impacted.” A property owner can reference the current assessed value of a property at the Assessor’s website at www.assessor.lacounty.gov. For more information about filing a Decline-in-Value review, click here.

Assessor Prang was first elected in 2014 and is the 27th Assessor for Los Angeles County.  He runs the largest office of its kind in the nation, employing 1,200 people with an annual budget cresting near $200 million. The 2020 assessment roll topped out near $1.77 trillion and provides about $17 billion in vital public services. For more information, please visit us online at Assessor.LACounty.gov, on Facebook at Facebook.com/LACAssessor, or on Twitter at @LACAssessor.###

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Governor Newsom Signs Nation-Leading Rent Relief Program for Low-Income Tenants, Eviction Moratorium

Governor Newsom Signs Nation-Leading Rent Relief Program for Low-Income Tenants, Eviction Moratorium Extension Governor Gavin Newsom today signed legislation to extend the state’s eviction moratorium through September 30, 2021 and clear rent debt for low-income Californians that have suffered economic hardship due to the pandemic. Under AB 832, California will significantly increase cash assistance to low-income tenants and small landlords under the state’s $5.2 billion rent relief program, making it the largest and most comprehensive COVID rental protection and rent relief program of any state in the nation. In an agreement forged between the Governor, the Senate and the Assembly, AB 832 increases the value of the reimbursement the state’s emergency rental assistance program provides to now cover 100 percent of past-due and prospective rent payments, as well as utility bills for income-qualified tenants. AB 832 also allows tenants to access rental funds directly if their landlord chooses not to participate and ensures landlords can receive compensation even if their otherwise income-qualified tenants have already vacated a unit. On Friday, Governor Newsom, Senate President pro Tempore Toni Atkins and Assembly Speaker Anthony Rendon announced an agreement on the legislation, which also ensures rental assistance dollars stay in California by prioritizing cities and counties with unmet needs and makes temporary reforms to the judicial process to ensure tenants and landlords have attempted to obtain rental assistance.  The Governor also signed the following bills today: AB 127 by Senator Sydney Kamlager (D-Los Angeles) – Arrest warrants: declaration of probable cause.AB 128 by Assemblymember Philip Ting (D-San Francisco) – Budget Act of 2021.AB 336 by Assemblymember Carlos Villapudua (D-Stockton) – Enhanced infrastructure financing districts: public financing authority: members: joint powers authorities.AB 337 by Assemblymember Jose Medina (D-Riverside) – Board of Governors of the California Community Colleges.AB 341 by Assemblymember Tasha Boerner Horvath (D-Encinitas) – Credibility of witnesses: sexual conduct: social media content.AB 464 by Assemblymember Kevin Mullin (D-South San Francisco) – Enhanced Infrastructure Financing Districts: allowable facilities and projects.AB 761 by Assemblymember Phillip Chen (R-Yorba Linda) – County employees’ retirement: personnel: Orange County.AB 891 by Assemblymember Jordan Cunningham (R-San Luis Obispo) – Contracts: parental consent.AB 1383 by Assemblymember Wendy Carrillo (D-Los Angeles) – Community colleges: academic employees: involuntary administrative leave.AB 1580 by the Committee on Judiciary – Enforcement of money judgments: examination.AB 1581 by the Committee on Local Government – Local government: omnibus.AB 1592 by the Committee on Local Government – Fresno Metropolitan Flood Control District: contracts.SB 79 by Senator Jim Nielsen (R-Red Bluff) – County road commissioner: Counties of Colusa and Glenn.SB 152 by the Committee on Budget and Fiscal Review – Elections.           SB 431 by Senator Susan Rubio (D-Baldwin Park) – Street lighting systems: City of West Covina.SB 810 by the Committee on Governance and Finance – Validations.SB 811 by the Committee on Governance and Finance – Validations.SB 812 by the Committee on Governance and Finance – Validations. For full text of the bills, visit: http://leginfo.legislature.ca.gov.###

Governor Gavin Newsom  State Capitol Building Sacramento, CA 95814

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