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House Co-Sponsorship Memoranda
House of Representatives
Session of 2017 - 2018
Regular Session
MEMORANDUM
| Posted: | September 13, 2017 02:10 PM |
|---|---|
| From: | Representative Michael N. Corr |
| To: | All House members |
| Subject: | Property Improvements in Compliance with American with Disabilities Act of 1190 |
| I plan to introduce legislation that would amend Title 53 (Municipalities Generally) that would add language to Section 1, Subsection 8817 Changes in assessed valuation by adding (c) to state that "real property altered or improved in compliance with the Americans with Disabilities Act of 1990 (Public Law 101-336, 104 Stat. 327) to facilitate use and accessibility of the property by persons with disabilities shall not be deemed cause for a change in assessed valuation and the value attributable to the alterations or improvements made shall be exempt from taxation. The following apply: (1) No exemption shall be granted for alterations or improvements unless the alteration or improvement is commenced subsequent to the effective date of this section. (2) The exemption shall be granted only upon application by the property owner on a form prescribed by the State Tax Equalization Board and filed wit the county assessor. (3) If satisfied that the applicant is entitled to an exemption under this subsection, the assessor shall approve the application and that portion of the real property shall thereafter be exempt from taxation commencing with the next succeeding assessment roll. (4) The assessed value of any exemption granted under this section shall be entered by the assessor on the assessment roll with the property." If you have any questions regarding this legislation, please do not hesitate to contact me at 705-7164. |