HB 71 (Woodson) and SB 568 (Polsky) create an abatement of property taxes for residential dwellings that are uninhabitable due to a catastrophic event. If a residential dwelling is rendered uninhabitable for at least 30 days due to a catastrophic event, taxes originally levied for the tax year in which the catastrophic event occurred may be abated if certain conditions are met. The bills require the tax collector to notify each affected local government of the reduction of property taxes due to this bill. This change would apply retroactively to January 1, 2021. (Hughes)