FL S0650

Allows late filing of petitions to the value adjustment board within 60 days after the standard deadline if the petitioner demonstrates extenuating circumstances preventing timely filing.

Requires the petitioner to identify extenuating circumstances to the value adjustment board to qualify for the late filing extension.

Prohibits the value adjustment board from accepting late petitions after it has concluded its review of petitions.

Does not require the value adjustment board to delay proceedings to accommodate the 60-day late filing timeframe.

Effective July 1, 2018.