Florida Senate - 2008 SENATOR AMENDMENT

Bill No. CS for SB 1838

686716

CHAMBER ACTION

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.