Raised H.B. No. 5180
Session Year 2018


AN ACT CONCERNING THE APPRAISAL OF CERTAIN RENTAL INCOME-PRODUCING REAL PROPERTY.

To remove the requirement that an assessor or board of assessors consider the capitalization of net income based on market rent for a similar property when appraising certain real property used primarily for the purpose of producing rental income in order to determine the present true and actual value of such property.


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