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Committee debates bill to create joint municipal reappraisal districts, sets timeline for contracts
Summary
Members of the Senate Finance Committee discussed a bill that would have municipalities jointly reappraise property, give Property Valuation & Review (PVR) authority to issue implementation guidelines, and set limits on new contracting beginning Jan. 1, 2027; no formal vote was taken.
Members of the Senate Finance Committee spent the meeting discussing a bill that would require municipalities to coordinate and, in some cases, jointly contract for property reappraisals and give the state’s Property Valuation & Review (PVR) authority to establish standards and procedures.
The discussion focused on who would run reappraisal districts, how contracts and fees would be handled, whether the current per-parcel payment to municipalities would change and on a timeline that would stop new long-term local appraisal contracts beginning Jan. 1, 2027, with training and phased work stretching into 2029–2030.
Speaker 1, committee member, summarized the bill’s current structure: “The bill as it currently is has the municipalities working together or coming together to fully and jointly reappraise their grand list. It also specifically says member municipalities shall contract jointly with one or more third parties.” That language, as…
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