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Senate passes farmland assessment changes after debate over requalification rules
Summary
Senate Bill 45, an amendment to farmland 'greenbelt' assessment rules, passed after senators debated requalification and intent standards; sponsors said the measure refines application and re-verification timing and reported a small fiscal impact.
Senate Bill 45 — a revenue-and-tax amendment addressing farmland assessment (commonly called 'greenbelt') — passed the floor after senators debated how and when property may re-qualify for agricultural valuation and reviewed an updated fiscal note.
Sponsor Senator Lyle Hilliard and floor supporters described an amendment that clarifies counties’ ability to require landowners to…
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