Florida Senate - 2008 SENATOR AMENDMENT
Bill No. CS for SB 1838
686716
Senate
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House
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Senator Haridopolos moved the following amendment to amendment
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(306956):
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Senate Amendment (with title amendment)
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Between line(s) 513 and 514
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insert:
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Section 7. Section 193.011, Florida Statutes, is amended to
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read:
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193.011 Factors to consider in deriving just valuation.--In
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arriving at just valuation as required under s. 4, Art. VII of
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the State Constitution, the property appraiser shall take into
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consideration the following factors:
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(1) The present cash value of the property, which is the
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amount a willing purchaser would pay a willing seller, exclusive
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of reasonable fees and costs of purchase, in cash or the
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immediate equivalent thereof in a transaction at arm's length;
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(2) The highest and best use to which the property can be
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expected to be put in the immediate future and the present use of
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the property, taking into consideration the legally permissible
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use of the property, including any applicable judicial
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limitation, local or state land use regulation, or historic
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preservation ordinance, and any zoning changes, concurrency
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requirements, and permits necessary to achieve the highest and
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best use, and considering any moratorium imposed by executive
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order, law, ordinance, regulation, resolution, or proclamation
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adopted by any governmental body or agency or the Governor when
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the moratorium or judicial limitation prohibits or restricts the
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development or improvement of property as otherwise authorized by
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applicable law. The applicable governmental body or agency or the
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Governor shall notify the property appraiser in writing of any
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executive order, ordinance, regulation, resolution, or
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proclamation it adopts imposing any such limitation, regulation,
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or moratorium;
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(3) The location of said property;
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(4) The quantity or size of said property;
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(5) The cost of said property and the present replacement
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value of any improvements thereon;
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(6) The condition of said property;
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(7) The income from said property; and
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(8) The net proceeds of the sale of the property, as
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received by the seller, after deduction of all of the usual and
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reasonable fees and costs of the sale, including the costs and
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expenses of financing, and allowance for unconventional or
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atypical terms of financing arrangements. When the net proceeds
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of the sale of any property are utilized, directly or indirectly,
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in the determination of just valuation of realty of the sold
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parcel or any other parcel under the provisions of this section,
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the property appraiser, for the purposes of such determination,
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shall exclude any portion of such net proceeds attributable to
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payments for household furnishings or other items of personal
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property.
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================ T I T L E A M E N D M E N T ================
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And the title is amended as follows:
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On line(s) 2235, after the semicolon,
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insert:
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amending s. 193.011, F.S.; revising factors that a
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property appraiser must consider in deriving just
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valuation;
4/25/2008 7:53:00 AM 26-08696-08
CODING: Words stricken are deletions; words underlined are additions.