Synopsis
This Amendment revises House Bill No. 252 by correcting a grammatical error and making the following changes: 1. Requires reassessment of all real property, not just taxable property, because whether real property is taxable can change if ownership changes. 2. Clarifies that each 5-year period under § 8306(b)(1) of Title 9 begins on the date a county board of assessment adopts a certification reflecting the completion of a general reassessment of all real property within that county.
