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Committee considers changes to appraisal process for historic or restricted properties
3191417 · May 5, 2025
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Summary
Senate Bill 2553 (committee substitute) would let property owners of historic or archaeologically restricted parcels protest the appraised value of land separately from improvements; sponsor said the change reflects restrictions that reduce market value relative to neighboring parcels.
Senate Bill 2553, offered as a committee substitute, was presented to the Committee on Local Government to address how chief appraisers value land with historic or archaeological restrictions.
Sponsor explanation:…
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