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GA SB293
Bill
Status
Engrossed
3/3/2014
Primary Sponsor
Francis Millar
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AI Summary
- Expands the definition of factors relevant to fair market value assessments to include nearby "distressed properties" that a reasonable appraiser would conclude have a detrimental effect on the value of the subject property being assessed
- Requires county boards of tax assessors to provide taxpayers, within 10 business days of request, all assessment-related documents, comparable properties used (limited to no more than 5), and all factors considered, at a copying fee not exceeding 25¢ per page; comparable properties once chosen cannot be changed throughout the appeal process
- Reduces the deadline for county boards of tax assessors to respond to appeals from 180 days to 90 days in non-revaluation years; if the board fails to respond within 90 days, the taxpayer's submitted valuation automatically becomes the assessed value for that tax year
- Requires the board of equalization to hold hearings within 30 days of notifying the taxpayer; failure to do so results in the taxpayer's submitted valuation becoming the assessed value for the tax year under appeal
- Grants taxpayers the right to record interviews with tax assessors and all proceedings before boards of equalization or hearing officers, with interviews to be granted within 10 business days of written request; noncompliance subjects the board of assessors to $1,000 in damages per occurrence plus reasonable attorney's fees
Legislative Description
Ad Valorem Tax; revise a definition; provide certain information to be given to taxpayers upon request
Last Action
House Committee Favorably Reported By Substitute
3/12/2014
Full Bill Text
No bill text available