Senate Bill 0531
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DIGEST OF SB 531 (Updated February 19, 2013 2:28 pm - DI 84)
Property tax assessments and appeals. Provides that land is to be assessed as agricultural if the land could be devoted to agricultural use (if not zoned for industrial, commercial, or residential use) or if a building or other real property improvement that is devoted to agricultural purposes is located on the land. Provides that land that is zoned for (instead of purchased for) residential, commercial, or industrial use is not to be assessed as agricultural land unless the land is devoted to agricultural use. Provides that for land that is being used for various right of way purposes, the value is be subtracted from the assessed value of a parcel without any action having to be taken by the property owner. Provides that the department of local government finance rules concerning tax representatives may not restrict a residential property owner who is an individual from appointing another individual as an agent to act on the owner's behalf in a property tax appeal to the property tax assessment board of appeals so long as the agent serves without payment of any consideration. Repeals an outdated property tax appeal deadline law.
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