| 1 | A bill to be entitled |
| 2 | An act relating to property appraisers; amending s. |
| 3 | 193.023, F.S.; providing an additional duty of property |
| 4 | appraisers in making assessments of single-family |
| 5 | residential property; amending s. 195.096, F.S.; requiring |
| 6 | the department to review the assessment of certain |
| 7 | property owned or controlled by property appraisers; |
| 8 | requiring property appraisers to identify such property |
| 9 | and make certain information available to the department; |
| 10 | providing review requirements for the department; |
| 11 | providing an effective date. |
| 12 |
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| 13 | Be It Enacted by the Legislature of the State of Florida: |
| 14 |
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| 15 | Section 1. Subsection (7) is added to section 193.023, |
| 16 | Florida Statutes, to read: |
| 17 | 193.023 Duties of the property appraiser in making |
| 18 | assessments.-- |
| 19 | (7) In assessing single-family residential property, the |
| 20 | property appraiser shall consider the effects on the real estate |
| 21 | market of foreclosure sales and sales made under threat of |
| 22 | foreclosure, when the number of such sales is sufficient to |
| 23 | influence the market. |
| 24 | Section 2. Subsection (10) is added to section 195.096, |
| 25 | Florida Statutes, to read: |
| 26 | 195.096 Review of assessment rolls.-- |
| 27 | (10) In addition to the review of assessment rolls of the |
| 28 | county as set forth in this section, the assessment of any |
| 29 | property subject to ad valorem taxation owned by the property |
| 30 | appraiser of the county shall be subject to review by the |
| 31 | department as provided in this subsection. For such property |
| 32 | individually or jointly owned by the property appraiser, for all |
| 33 | property held in trust or other representative capacity for the |
| 34 | benefit of the property appraiser, and for all property owned by |
| 35 | a closely held corporation or partnership in which the property |
| 36 | appraiser owns more than a 25-percent interest, the department |
| 37 | shall review no less frequently than once every 2 years the |
| 38 | assessment of such property during its review of the assessment |
| 39 | rolls pursuant to this section. The property appraiser shall |
| 40 | identify to the department such property to be reviewed by the |
| 41 | department and make available any data requested by the |
| 42 | department to permit the department to perform such review. In |
| 43 | conducting such review, the department shall comply with all |
| 44 | standards with which property appraisers are required to comply. |
| 45 | The department shall complete such reviews within the timeframes |
| 46 | set forth for review of assessment rolls under this section. |
| 47 | Section 3. This act shall take effect July 1, 2008. |