Introduced
by
To reflect declining values to require assessors to base assessments on transactions during the past year rather than the past three years if this would result in lower assessments, and also to include home foreclosures in these analyses; and also to grant a pro-rated homestead property tax exemption after May 1 to a person who acquires and occupies a homestead for which an exemption was not already on the tax roll on May 1.
Referred to the Committee on Tax Policy
