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HB 0325 - Property Tax Assessment - Income Valuation
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Tracking Level: Oppose
Sponsor: Ron Stephens (R)
Last Action: 1/8/2018 - Senate Recommitted
House Committee: Ways & Means
Senate Committee: Finance
Assigned To:
Larry RamseyNext Bill
Property TaxNext Bill

Staff Analysis of the Legislation

This bill, in its substitute form, changes the definition of fair market value for ad valorem tax purposes by requiring the consideration of actual income and expense data if supplied by the owner.

The text of this bill was added to HB 196. 

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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