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IN SB0376
Bill
Status
1/12/2015
Primary Sponsor
Michael Delph
Click for details
AI Summary
Senate Bill No. 376 Summary
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Land classified as agricultural at the time of a taxpayer's acquisition is presumed to remain agricultural land as long as the taxpayer uses it in the same manner as the previous owner.
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Assessing officials cannot reclassify agricultural land as excess residential land without providing written notice to the taxpayer at least 180 days before the assessment date.
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Upon request, the county property tax assessment board of appeals must conduct a hearing on any proposed change in land classification.
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An assessing official may rebut the agricultural land presumption by proving through a preponderance of evidence that the land has been subdivided into lots or that the taxpayer's use of the land has changed, making it ineligible for agricultural assessment.
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The amended provisions apply to assessment dates occurring after December 31, 2015, with the transitory provisions expiring January 1, 2018.
Legislative Description
Land reclassification. Provides that if a taxpayer's land is classified as agricultural land at the time of the taxpayer's acquisition of the land, the land is presumed to be agricultural land as long as the taxpayer uses the land in the same manner as the person from whom the taxpayer acquired the land. Provides that agricultural land may not be reclassified as excess residential land without notice and, upon the request of a taxpayer, provides a hearing before the county property tax assessment board of appeals.
Last Action
First Reading: referred to Committee on Appropriations
1/12/2015