Bill Title: Directs the state board of real property services to promulgate rules and regulations establishing an assessment procedure for the determination of the agricultural assessment value of land use in agricultural production and the structure thereon; requires such value to be used as the basis of all real property taxation of such land; provides for state aid payable to taxing jurisdiction for the difference between the taxes on the full value of agricultural property and the agricultural assessment value thereof.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2010-05-18 - held for consideration in agriculture [A07485 Detail]

Text: Latest bill text (Introduced) [HTML]

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