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2022 SESSION

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HB 951 Real property tax; assessment cycles by counties.

Introduced by: M. Keith Hodges | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Real property tax; reassessment cycles. Authorizes counties to conduct a general reassessment of real estate every three years if determined by majority vote of a county's board of supervisors. Current law requires counties to conduct a general reassessment every four years, with exceptions authorized for specified counties. This bill is identical to SB 77.

SUMMARY AS INTRODUCED:

General reassessment of real estate; intervals for certain counties. Allows any county with a total population of 50,000 or less to elect by majority vote of its board of supervisors to conduct its general reassessments of real estate at three-year intervals. Under current law, such counties may only elect by majority vote of their board of supervisors to conduct such reassessments at either five-year or six-year intervals.