|SB 0122||Enables the assessor in third class counties to make certain entries to the assessor's book after delivery of the book|
|LR Number:||0164S.0T||Fiscal Note:||0164-03|
|Committee:||Financial and Governmental Organization, Veterans' Affairs & Elections|
|Last Action:||07/09/03 - Signed by Governor||Journal page:|
|Title:||SCS SB 122|
|Effective Date:||August 28, 2003|
SCS/SB 122 - This act provides that the assessor of a third class county may make entries to the assessors book after the May 31st deadline for delivery of the book in the case where real property has changed hands after delivery of the book. The change to the book is limited to noting the new owners and redistributing the assessed valuation to reflect the current ownership status. Any increase to assessed valuation as a result of this provision shall be considered new construction.
The governing body of any third class county must adopt the
provisions of this act for the act to take effect in such county.