Substitute for Raised H.B. No. 7001
Session Year 2025
 


AN ACT CONCERNING THE DETERMINATION OF FAIR MARKET VALUE OF RETAIL SALES FACILITIES FOR PURPOSES OF PROPERTY TAXATION.

To specify that a municipal assessor shall consider specific approaches when determining the fair market value of a retail sales facility for the purposes of property taxation.

Introduced by:
Planning and Development Committee

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Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 3/31/2025(LCO)File Number 358
 3/31/2025House Calendar Number 240
 3/31/2025Favorable Report, Tabled for the Calendar, House
 3/31/2025(LCO)Reported Out of Legislative Commissioners' Office
 3/24/2025(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 03/31/25 12:00 PM
 3/13/2025(LCO)Filed with Legislative Commissioners' Office
 3/12/2025(PD)Joint Favorable
 2/24/2025Public Hearing 02/28
 2/19/2025Referred to Joint Committee on Planning and Development

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