1 | Representative(s) Gelber offered the following: |
2 |
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3 | Amendment to Amendment (749169) |
4 | Remove line(s) 206-224 and insert: |
5 | exceed seven percent (7%) of the assessment for the prior year. |
6 | (2) No assessment shall exceed just value. |
7 | (3) After any change of ownership, as defined by general |
8 | law, including any change of ownership of a legal entity that |
9 | owns the property, such property shall be assessed at just value |
10 | as of the next assessment date. Thereafter, such property shall |
11 | be assessed as provided herein. |
12 | (4) Changes, additions, reductions, or improvements to |
13 | such property shall be assessed as provided for by general law; |
14 | provided, however, after the adjustment for any change, |
15 | addition, reduction, or improvement, the property shall be |
16 | assessed as provided herein. |
17 | (i) Assessments of real property that is not subject to |
18 | the assessment limitations set forth in subsections (a) through |
19 | (h) shall change only as provided herein. |
20 | (1) Assessments subject to this subsection shall be |
21 | changed annually on the assessment date each year as provided by |
22 | law; but those changes in assessments shall not exceed seven |
23 | percent (7%) of the assessment for the prior year. |