Hollingsworth announces 2008 legislation

SACARAMENTO — On February 25, Senator Dennis Hollingsworth (R-Murrieta) announced his package of legislation for 2008, including a number of bills that address issues brought to light by the wildfires of last fall and other measures to crack down on elder abuse and real estate fraud.

Hollingsworth’s fire-related legislation includes:

• SB 1064, which allows homeowners and businesses to carry forward their financial losses from the fires into future taxable years, ensures that those who lost their homes to continue to receive the homeowners’ property tax deduction while they rebuild and backfil...