2008 Regular Session

SENATE BILL 652

File Code: Taxes - Property
Sponsored By:
Senators Robey, King, and Peters
Entitled:
Property Tax - Valuation of Income Producing Property

Synopsis:

Prohibiting a supervisor of assessments from considering income earned by a tenant under a lease less than 99 years that is not perpetually renewable when using an income method to value income producing real property for property tax purposes; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
Senate Action
2/1
First Reading Budget and Taxation
2/27
Hearing 3/13 at 3:30 p.m.
3/6
Hearing cancelled
Hearing 3/13 at 1:00 p.m.
3/12
Hearing cancelled
3/17
Hearing 3/18 at 2:00 p.m.
3/18
Hearing cancelled
3/19
Withdrawn
House Action
No Action

Sponsored by:

Senator James N. Robey, District 13
Senator Nancy J. King, District 39
Senator Douglas J. J. Peters, District 23

Bill indexed under the following Subjects:

Appraisals
Assessments
Landlord and Tenant -see also- Eviction; Leases & Rent; etc.
Property Tax
Real Property

Bill affects the following Statute:

Tax - Property
( 8-105 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered