Assessment of agricultural land.

Authors: Senator Jean Leising, Senator Susan Glick, Senator Jeff Raatz

Co-authors: Senator Brent Steele, Senator James Tomes, Senator Mark Messmer, Senator Michael Crider, Senator Chip Perfect, Senator Randall Head


Provides that the soil productivity factors used for the March 1, 2011, assessment of agricultural land must be used for assessment dates occurring after March 1, 2014, unless and until new soil productivity factors are approved in a statute enacted by the general assembly. Specifies the manner in which the department of local government finance (DLGF) shall adopt rules to provide a method for determining the true tax value of agricultural land. Provides that the method in effect for the 2014 assessment date must be used until superseded by a method provided in rules adopted by the DLGF. Provides that the rules do not apply to a particular assessment date unless the rules take effect at least 120 days before that assessment date. Provides that an assessing official may not reclassify a taxpayer's parcel of agricultural land as excess residential land unless the assessing official provides the taxpayer with written notice of the change in classification at least one hundred eighty (180) days before the assessment date. Requires the property tax assessment board of appeals to conduct a hearing on the proposed reclassification upon the request of the taxpayer. Provides that if the assessing official proves by a preponderance of the evidence that: (1) the taxpayer's land has been subdivided into lots; or (2) the taxpayer's use of the parcel has changed; so that the parcel is not eligible for assessment as agricultural land, the property tax assessment board of appeals shall approve the reclassification of the taxpayer's parcel. Provides that for purposes of the 2015 assessment date, the statewide agricultural land base rate value per acre used to determine the value of agricultural land is $2,050.