SENATE BILL REPORT

SB 5128

BYSenators Talmadge, Halsan, Hayner, Rasmussen and von Reichbauer

Extending the time during which an appeal may be made on changes in property tax valuations.

Senate Committee on Ways & Means

Senate Hearing Date(s):February 16, 1987

Senate Staff:William Bafus (786-7437)

AS OF FEBRUARY 16, 1987

BACKGROUND:

At the present time county assessors are to complete the work of determining and listing the value of property for property tax purposes for each year between December 1 of the preceding year and May 31 of the year for which taxes are to be assessed.  Notices of changes in valuation are to be mailed to property owners and other persons in whose name property is listed for taxation purposes no earlier than February 15 of each year and no later than thirty days after the change in valuation has been established.  Persons who wish to appeal changes in valuation may petition their county board of equalization for consideration, but must file their petition by no later than July 15 of the year for which the new assessed valuation applies, or within thirty days after the assessor mails a notice of change in value, whichever is later.  Since it is conceivably possible for a property owner to receive a notice of change in valuation as late as July 1, this deadline can cause difficulties for some property owners.

SUMMARY:

The deadline for filing petitions of appeal with the county board of equalization is set at July 15 or sixty days after the date of the mailing of an assessment or notice of change in value, whichever is later.

Fiscal Note:      available