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Senate narrowly approves bill letting counties hire private appraisers but bars contingency fees
Summary
After extended floor debate, the Senate passed a second-substitute bill (SB62) that lets counties and the state tax commission use private-sector appraisers for valuations but prohibits paying those appraisers on a contingency-fee basis; supporters said the ban prevents perverse incentives, opponents argued it limits local flexibility and could disadvantage rural counties.
The Senate on the floor debated whether counties should be allowed to use private appraisers to establish property values and, if so, whether those appraisers may be paid on a contingency-fee basis.
Senator Howard Stevenson introduced the second substitute of Senate Bill 62, saying the measure ‘‘enables counties and the tax commission to use private sector people to handle the appraisal process’’ but prohibits contingency-fee payments for appraisers who…
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