Relating to the assessment of rebuilt homesteads; prescribing an effective date.

Provides for homestead rebuilt by same owner on same lot to replace homestead destroyed by September 2020 wildfires to have frozen assessed value equal to assessed value for 2020-2021 property tax year to extent of destroyed homestead's square footage. Terminates frozen assessed value for first property tax year that succeeds earlier of date on which property is no longer intended for occupancy as homestead or transfer of ownership of homestead. Takes effect on 91st day following adjournment sine die.