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1996 SESSION
SB 526 Real estate; assessment of fair market value.
Introduced by: Emmett W. Hanger, Jr. | all patrons ... notes | add to my profiles
SUMMARY:
Assessment of fair market value. Provides that localities may elect to adjust their real property assessments annually by reference to the Department of Taxation's annual sales assessment study and that such assessments shall be presumed correct, subject to rebuttal.
FULL TEXT
HISTORY
- 01/22/96 Senate: Presented & ordered printed 961271666
- 01/22/96 Senate: Referred to Committee on Finance
- 02/13/96 Senate: Left in Finance