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H.B. 323





Chief Sponsor: Gage Froerer

Senate Sponsor: Dennis E. Stowell

             7      LONG TITLE
             8      General Description:
             9          This bill makes changes to property tax assessment requirements.
             10      Highlighted Provisions:
             11          This bill:
             12          .    requires county assessors, after certain dates, to use the mass appraisal system
             13      selected by the Multicounty Appraisal Trust in conducting property tax assessments.
             14      Money Appropriated in this Bill:
             15          None
             16      Other Special Clauses:
             17          None
             18      Utah Code Sections Affected:
             19      AMENDS:
             20          59-2-303.1, as last amended by Laws of Utah 2010, Chapter 131
             22      Be it enacted by the Legislature of the state of Utah:
             23          Section 1. Section 59-2-303.1 is amended to read:
             24           59-2-303.1. Mandatory cyclical appraisals.
             25          (1) For purposes of this section:
             26          (a) "Corrective action" includes:
             27          (i) factoring pursuant to Section 59-2-704 ;

             28          (ii) notifying the state auditor that the county failed to comply with the requirements of
             29      this section; or
             30          (iii) filing a petition for a court order requiring a county to take action.
             31          (b) "Mass appraisal system" means a computer assisted mass appraisal system that:
             32          (i) a county assessor uses to value real property; and
             33          (ii) includes at least the following system features:
             34          (A) has the ability to update all parcels of real property located within the county each
             35      year;
             36          (B) can be programmed with specialized criteria;
             37          (C) provides uniform and equal treatment of parcels within the same class of real
             38      property throughout the county; and
             39          (D) annually updates all parcels of residential real property within the county using
             40      accepted valuation methodologies as determined by rule.
             41          (c) "Property review date" means the date a county assessor completes a detailed
             42      review of the property characteristics of a parcel of real property in accordance with Subsection
             43      (3)(a).
             44          (2) (a) The county assessor shall annually update property values of property as
             45      provided in Section 59-2-301 based on a systematic review of current market data.
             46          (b) The county assessor shall conduct the annual update described in Subsection (2)(a)
             47      by using a mass appraisal system selected by the Multicounty Appraisal Trust on or before the
             48      following:
             49          (i) for a county of the first class, January 1, 2009;
             50          (ii) for a county of the second class, January 1, 2011;
             51          (iii) for a county of the third class, January 1, 2014; and
             52          (iv) for a county of the fourth, fifth, or sixth class, January 1, 2015.
             53          (c) The county assessor and the commission shall jointly certify that the county's mass
             54      appraisal system meets the requirements:
             55          (i) described in Subsection (1)(b); and
             56          (ii) of the commission.
             57          (3) (a) In addition to the requirements in Subsection (2), the county assessor shall
             58      complete a detailed review of property characteristics for each property at least once every five

             59      years.
             60          (b) The county assessor shall maintain on the county's computer system, a record of the
             61      last property review date for each parcel of real property located within the county assessor's
             62      county.
             63          (4) (a) The commission shall take corrective action if the commission determines that:
             64          (i) a county assessor has not satisfactorily followed the current mass appraisal
             65      standards, as provided by law;
             66          (ii) the sales-assessment ratio, coefficients of dispersion, or other statistical measures
             67      of appraisal performance related to the studies required by Section 59-2-704 are not within the
             68      standards provided by law; or
             69          (iii) the county assessor has failed to comply with the requirements of this section.
             70          (b) If a county assessor fails to comply with the requirements of this section for one
             71      year, the commission shall assist the county assessor in fulfilling the requirements of
             72      Subsections (2) and (3).
             73          (c) If a county assessor fails to comply with the requirements of this section for two
             74      consecutive years, the county will lose the county's allocation of the revenue generated
             75      statewide from the imposition of the multicounty assessing and collecting levy authorized in
             76      [Sections] Section 59-2-1602 [and 59-2-1603 ].
             77          (d) If a county loses its allocation of the revenue generated statewide from the
             78      imposition of the multicounty assessing and collecting levy described in Subsection (4)(c), the
             79      revenue the county would have received shall be distributed to the Multicounty Appraisal Trust
             80      created by interlocal agreement by all counties in the state.
             81          (5) (a) On or before July 1, 2008, the county assessor shall prepare a five-year plan to
             82      comply with the requirements of Subsections (2) and (3).
             83          (b) The plan shall be available in the county assessor's office for review by the public
             84      upon request.
             85          (c) The plan shall be annually reviewed and revised as necessary.
             86          (6) (a) A county assessor shall create, maintain, and regularly update a database
             87      containing the following information that the county assessor may use to enhance the county's
             88      ability to accurately appraise and assess property on an annual basis:
             89          (i) fee and other appraisals;

             90          (ii) property characteristics and features;
             91          (iii) property surveys;
             92          (iv) sales data; and
             93          (v) any other data or information on sales, studies, transfers, changes to property, or
             94      property characteristics.
             95          (b) A county assessor shall submit a report to the commission on or before September
             96      1 stating the progress of the county assessor to meet the requirements of Subsection (6)(a).
             97          (c) The commission shall report to the Revenue and Taxation Interim Committee on or
             98      before the October interim meeting concerning the information received from the county
             99      assessors pursuant to Subsection (6)(b).

Legislative Review Note
    as of 2-3-11 6:04 PM

Office of Legislative Research and General Counsel

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