H.B. 112 Enrolled

1

ASSESSMENT OF PROPERTY IF THREATENED OR
2 ENDANGERED SPECIES IS PRESENT
3 2013 GENERAL SESSION
4 STATE OF UTAH
5 Chief Sponsor: Michael E. Noel
6 Senate Sponsor: Evan J. Vickers
7
8 LONG TITLE
9 General Description:
10 This bill amends provisions related to the assessment of property if a threatened or
11 endangered species is present.
12 Highlighted Provisions:
13 This bill:
14 . defines terms;
15 . requires a county assessor to consider in the county assessor's determination of the
16 fair market value of property whether a threatened or endangered species is present;
17 and
18 . makes technical and conforming changes.
19 Money Appropriated in this Bill:
20 None
21 Other Special Clauses:
22 This bill takes effect on January 1, 2014.
23 Utah Code Sections Affected:
24 ENACTS:
25 59-2-301.5, Utah Code Annotated 1953
26
27 Be it enacted by the Legislature of the state of Utah:
28 Section 1. Section 59-2-301.5 is enacted to read:
29 59-2-301.5. Definitions -- Assessment of property if threatened or endangered

30 species is present.
31 (1) As used in this section:
32 (a) "Endangered" is as defined in Section 23-13-2 .
33 (b) "Threatened" is as defined in Section 23-13-2 .
34 (2) In assessing the fair market value of property, a county assessor shall consider as
35 part of the determination of fair market value whether a threatened or endangered species is
36 present on any portion of the property, including any impacts the presence of the threatened or
37 endangered species has on:
38 (a) the functionality of the property;
39 (b) the ability to use the property; and
40 (c) property rights.
41 (3) This section does not prohibit a county assessor from including as part of a
42 determination of the fair market value of property any other factor affecting the fair market
43 value of the property.
44 Section 2. Effective date.
45 This bill takes effect on January 1, 2014.

[Bill Documents]