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2013 Senate Bill 511: Revise property tax assessment detail
Introduced by Sen. Tom Casperson (R) on September 18, 2013
To establish that in assessing a property’s value for property tax purposes, “if the existing use is financially feasible and is more profitable than modification or redevelopment,” then it should be considered the “highest and best use of the property” and used to determine the true cash value.   Official Text and Analysis.
Referred to the Senate Finance Committee on September 18, 2013