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This bill updates part of a 1948 law by changing the wording used for appraisals. It replaces an old reference with language about using the “fair appraised value,” aiming to make clear that valuations under that law should be based on a fair appraisal of the property involved.
Key points:
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Introduced February 19, 2025 by Tina Smith · Last progress February 19, 2025
Placed on Senate Legislative Calendar under General Orders. Calendar No. 208.
Committee on Agriculture, Nutrition, and Forestry. Reported by Senator Boozman without amendment. Without written report.
Committee on Agriculture, Nutrition, and Forestry. Ordered to be reported without amendment favorably.
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.