HB 2209 Summary

• Requires cities and towns to publish an annual report by June 30 each year beginning in fiscal year 2015-2016 detailing all real property owned by the municipality.

• Report must include the location, fair market value, and estimated property tax valuation of each parcel if privately owned.

• Requires listing of all real property purchased during the fiscal year with the purchase price, funding source, and seller name.

• Requires listing of all real property sold during the fiscal year with the sale price and buyer name.

• Imposes identical reporting requirements on county boards of supervisors for county-owned real property.