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AR SB559

Bill

Status

Passed

4/7/2015

Primary Sponsor

David Johnson

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Origin

Senate

90th General Assembly (2015 Regular)

AI Summary

  • Board of commissioners may require reassessment of benefits in a suburban improvement district not more than one (1) time each year
  • Total amount of assessed benefits shall never be diminished if the district has incurred any indebtedness or issued bonds
  • Secretary of the board must give notice of reassessment filing by publication one (1) time each week for two (2) consecutive weeks in a newspaper with general county circulation
  • Secretary must send certified letters to each property owner whose assessment has increased, mailed between 15-30 days before the hearing date
  • Board of commissioners and assessor shall meet as a board of equalization on the noticed date to hear complaints and adjust the reassessment, with final determination subject to court review

Legislative Description

To Amend The Law Concerning Reassessments For Suburban Improvement Districts.

Last Action

Notification that SB559 is now Act 1116

4/7/2015

Committee Referrals

City, County and Local Affairs3/24/2015
City, County & Local Affairs2/25/2015

Full Bill Text

No bill text available