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A01578 Summary:

BILL NOA01578
 
SAME ASNo Same As
 
SPONSORCahill
 
COSPNSR
 
MLTSPNSR
 
Add Art 17 Title 1 SS1710 - 1713, Title 2 SS1720 - 1726, Title 3 SS1730 - 1734, Title 4 SS1740 - 1745, RPT L
 
Allows counties to adopt by local law a full value assessment procedure; provides for reassessment every five years; allows for municipalities which feel that the county has not properly assessed properties to appeal; establishes tax rate and how they shall be implemented; provides for allocation of taxes among classes of real property.
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