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Committee hears bill to allow metropolitan counties to revalue properties with conservation easements; laid over as amended
Summary
Senate File 2199 would let assessors in metropolitan counties reduce property values for private lands subject to conservation easements if the county board adopts the approach; the committee adopted an A2 amendment and laid the bill over.
Senate File 2199, presented to the Senate Taxes Committee on March 18, would permit county assessors in the seven-county metropolitan area to reduce the taxable value of private property subject to a conservation restriction or easement when the county has adopted the approach by board resolution. Senator Scott Dibble, the bill’s sponsor, said the proposal restores the ability of local assessors to reflect easement-related changes in highest-and-best-use valuation that was constrained by 2013 law.
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