IN SB0623 | 2019 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 9-3)
Status: Engrossed on February 27 2019 - 50% progression, died in committee
Action: 2019-03-19 - Representative Harris added as cosponsor
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on February 27 2019 - 50% progression, died in committee
Action: 2019-03-19 - Representative Harris added as cosponsor
Pending: House Ways and Means Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Property tax matters. Provides that a county assessor or township assessor (if any) may request the department of local government finance (department) to perform a state conducted assessment of a particular commercial building or structure used for retail purposes. Specifies the procedures for the state conducted assessment. Provides that the true tax value of commercial real property used for retail purposes that is occupied by the original owner or by a tenant for which the improvement was built shall be determined by the cost approach for the first 10 years of occupancy of the property, less normal depreciation and normal obsolescence under the rules and guidelines of the department of local government finance. Provides that a county fiscal body may adopt an ordinance to provide that the county assessor be reimbursed for legal costs (in addition to other specified costs under current law) incurred by the county assessor in defending an appeal that is uncommon and infrequent in the normal course of defending appeals.
Title
Property tax matters. Provides that a county assessor or township assessor (if any) may request the department of local government finance (department) to perform a state conducted assessment of a particular commercial building or structure used for retail purposes. Specifies the procedures for the state conducted assessment. Provides that the true tax value of commercial real property used for retail purposes that is occupied by the original owner or by a tenant for which the improvement was built shall be determined by the cost approach for the first 10 years of occupancy of the property, less normal depreciation and normal obsolescence under the rules and guidelines of the department of local government finance. Provides that a county fiscal body may adopt an ordinance to provide that the county assessor be reimbursed for legal costs (in addition to other specified costs under current law) incurred by the county assessor in defending an appeal that is uncommon and infrequent in the normal course of defending appeals.
Sponsors
Roll Calls
2019-02-26 - Senate - Third reading (Y: 42 N: 7 NV: 0 Abs: 1) [PASS]
2019-02-19 - Senate - Senate - Committee Vote (Y: 13 N: 1 NV: 0 Abs: 0) [PASS]
2019-02-19 - Senate - Senate - Committee Vote (Y: 13 N: 1 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2019-03-19 | House | Representative Harris added as cosponsor |
| 2019-03-07 | House | First reading: referred to Committee on Ways and Means |
| 2019-02-27 | Senate | Referred to the House |
| 2019-02-26 | Senate | Cosponsor: Representative Manning |
| 2019-02-26 | Senate | House sponsor: Representative Schaibley |
| 2019-02-26 | Senate | Third reading: passed; Roll Call 254: yeas 42, nays 7 |
| 2019-02-25 | Senate | Amendment #2 (Buchanan) prevailed; voice vote |
| 2019-02-25 | Senate | Second reading: amended, ordered engrossed |
| 2019-02-21 | Senate | Senators Messmer, Buck, Charbonneau, Stoops added as coauthors |
| 2019-02-21 | Senate | Committee report: amend do pass, adopted |
| 2019-02-19 | Senate | Senator Ford J.D. added as coauthor |
| 2019-01-15 | Senate | First reading: referred to Committee on Tax and Fiscal Policy |
| 2019-01-15 | Senate | Coauthored by Senators Becker and Walker |
| 2019-01-15 | Senate | Authored by Senators Buchanan and Boots |
