Comments: IN SB0254 | 2016 | Regular Session
Bill Title: Property tax assessment. Provides the following if the application of an annual adjustment factor derived by an assessing official would result in an increase of more than 10% in the assessed value of one or more homesteads: (1) The assessing official shall submit certain information to the division of data analysis (division) of the department of local government finance. (2) The division shall review the information submitted and make a determination of whether the annual adjustment factor was correctly calculated or is otherwise inappropriate. (3) If the division determines that the annual adjustment factor to be applied to the homestead
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2016-01-07 - First reading: referred to Committee on Appropriations [SB0254 Detail]
Text: Latest bill text (Introduced) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2016-01-07 - First reading: referred to Committee on Appropriations [SB0254 Detail]
Text: Latest bill text (Introduced) [PDF]
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