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Senate Bill 0187


Senate Bill 0187

ARCHIVE (2009)

Latest Information

 

DIGEST OF INTRODUCED BILL


Tax assessment of land affected by flooding. Upon the filing of a petition in a calendar year by the owner of real property permanently flooded or rendered inaccessible by flooding, requires adjustment of property taxes payable in the calendar year and reassessment of the property for future years in which the flooding continues. Applies the reassessment provision to flooding that occurs after March 1, 2008. Authorizes a refund if property taxes are paid based on the assessment that applied before the reassessment.
    Current Status:
     In Committee - first House
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