! The Capitol Complex is closed to the public due to COVID-19. All meetings will be held virtually online. View procedures and guidelines for remote public comment

Download Zipped Introduced WordPerfect HB0354S01.ZIP
[Status][Bill Documents][Fiscal Note][Bills Directory]

First Substitute H.B. 354

Representative Jack R. Draxler proposes the following substitute bill:


             1     
APPRAISALS FOR STATE LAND PURCHASES

             2     
2008 GENERAL SESSION

             3     
STATE OF UTAH

             4     
Chief Sponsor: Jack R. Draxler

             5     
Senate Sponsor: Michael G. Waddoups

             6     
             7      LONG TITLE
             8      General Description:
             9          This bill modifies the School and Institutional Trust Lands Management Act, the Utah
             10      Natural Resources Act, the Utah Administrative Services Code, and the Transportation
             11      Code by requiring certain rulemaking provisions for the purchase or sale of real
             12      property.
             13      Highlighted Provisions:
             14          This bill:
             15          .    requires the School and Institutional Trust Lands Administration, the Department of
             16      Natural Resources, the Division of Facilities Construction and Management, and the
             17      Utah Department of Transportation to make rules to establish procedures for
             18      determining that the value is congruent with the proposed price and other terms of
             19      the purchase, sale, or exchange;
             20          .    allows the rules to require an appraisal and to require that the appraisal be
             21      completed by a state-certified general appraiser; and
             22          .    provides exceptions for real property with an estimated value below a certain limit.
             23      Monies Appropriated in this Bill:
             24          None
             25      Other Special Clauses:


             26          None
             27      Utah Code Sections Affected:
             28      ENACTS:
             29          53C-4-103, Utah Code Annotated 1953
             30          63-34-21, Utah Code Annotated 1953
             31          63A-5-501, Utah Code Annotated 1953
             32          72-5-117, Utah Code Annotated 1953
             33     
             34      Be it enacted by the Legislature of the state of Utah:
             35          Section 1. Section 53C-4-103 is enacted to read:
             36          53C-4-103. Rulemaking for sale of real property -- Licensed or certified
             37      appraisers -- Exceptions.
             38          (1) In accordance with Title 63, Chapter 46a, Utah Administrative Rulemaking Act, if
             39      the administration buys, sells, or exchanges real property, the administration shall make rules
             40      to ensure that the value of the real property is congruent with the proposed price and other
             41      terms of the purchase, sale, or exchange.
             42          (2) The rules:
             43          (a) shall establish procedures for determining the value of the real property;
             44          (b) may provide that an appraisal, as defined under Section 61-2b-2 , demonstrates the
             45      real property's value; and
             46          (c) may require that the appraisal be completed by a state-certified general appraiser, as
             47      defined under Section 61-2b-2 .
             48          (3) Subsection (1) does not apply to the purchase, sale, or exchange of real property, or
             49      to an interest in real property:
             50          (a) that is under a contract or other written agreement prior to May 5, 2008; or
             51          (b) with a value of less than $100,000, as estimated by the state agency.
             52          Section 2. Section 63-34-21 is enacted to read:
             53          63-34-21. Rulemaking for sale of real property -- Licensed or certified appraisers
             54      -- Exceptions.
             55          (1) In accordance with Title 63, Chapter 46a, Utah Administrative Rulemaking Act, if
             56      the department buys, sells, or exchanges real property, the department shall make rules to


             57      ensure that the value of the real property is congruent with the proposed price and other terms
             58      of the purchase, sale, or exchange.
             59          (2) The rules:
             60          (a) shall establish procedures for determining the value of the real property;
             61          (b) may provide that an appraisal, as defined under Section 61-2b-2 , demonstrates the
             62      real property's value; and
             63          (c) may require that the appraisal be completed by a state-certified general appraiser, as
             64      defined under Section 61-2b-2 .
             65          (3) Subsection (1) does not apply to the purchase, sale, or exchange of real property, or
             66      to an interest in real property:
             67          (a) that is under a contract or other written agreement prior to May 5, 2008; or
             68          (b) with a value of less than $100,000, as estimated by the state agency.
             69          Section 3. Section 63A-5-501 is enacted to read:
             70     
Part 5. Determining the Value of Real Property Prior to Sale

             71          63A-5-501. Rulemaking for sale of real property -- Licensed or certified
             72      appraisers -- Exceptions.
             73          (1) In accordance with Title 63, Chapter 46a, Utah Administrative Rulemaking Act, if
             74      the division buys, sells, or exchanges real property, the division shall make rules to ensure that
             75      the value of the real property is congruent with the proposed price and other terms of the
             76      purchase, sale, or exchange.
             77          (2) The rules:
             78          (a) shall establish procedures for determining the value of the real property;
             79          (b) may provide that an appraisal, as defined under Section 61-2b-2 , demonstrates the
             80      real property's value; and
             81          (c) may require that the appraisal be completed by a state-certified general appraiser, as
             82      defined under Section 61-2b-2 .
             83          (3) Subsection (1) does not apply to the purchase, sale, or exchange of real property, or
             84      to an interest in real property:
             85          (a) that is under a contract or other written agreement prior to May 5, 2008; or
             86          (b) with a value of less than $100,000, as estimated by the state agency.
             87          Section 4. Section 72-5-117 is enacted to read:


             88          72-5-117. Rulemaking for sale of real property -- Licensed or certified appraisers
             89      -- Exceptions.
             90          (1) In accordance with Title 63, Chapter 46a, Utah Administrative Rulemaking Act, if
             91      the department buys, sells, or exchanges real property, the department shall make rules to
             92      ensure that the value of the real property is congruent with the proposed price and other terms
             93      of the purchase, sale, or exchange.
             94          (2) The rules:
             95          (a) shall establish procedures for determining the value of the real property;
             96          (b) may provide that an appraisal, as defined under Section 61-2b-2 , demonstrates the
             97      real property's value; and
             98          (c) may require that the appraisal be completed by a state-certified general appraiser, as
             99      defined under Section 61-2b-2 .
             100          (3) Subsection (1) does not apply to the purchase, sale, or exchange of real property, or
             101      to an interest in real property:
             102          (a) that is under a contract or other written agreement prior to May 5, 2008; or
             103          (b) with a value of less than $100,000, as estimated by the state agency.


[Bill Documents][Bills Directory]