5638 AME .... AMH-27

SB 5638 - H COMM AMD ADOPTED 4-17-93

By Committee on Revenue

    On page 2, line 12, after "practices" insert "adopted by the governing body of a local government and"

SB 5638 - H AMD

By Representative Forner

    On page 2, after line 22, insert the following:

    "The appraisal shall also take into consideration any reduction in property values or highest and best use that are the result of a direct government action.  If notified by a real property owner or by a state, county, or city authority of a change in permitted use of a parcel of real property, the county assessor shall review the impact of the change in permitted use on the highest and best use of the real property and shall relist, revalue, reassess, and retax the property accordingly."

SB 5638 - H AMD

By Representative Thomas

    On page 3, after line 2, insert the following:

    "(4) Counties, cities, and towns shall be responsible for providing county assessors information concerning governmental policies or practices, including moratoriums, in effect at the time of appraisal that directly affect the value or use of the appraised property."

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