Bill
Property Valuation Amendments
- Number
- H.B. 53 First Substitute (2024GS)
- Sponsor
- Rep. Thurston, N. (Thurston’s own bill)
- Final action
- Governor Signed 3/14/2024
- Outcome
- Became law — signed by Gov. Spencer J. Cox
Summary
This bill modifies provisions related to the Multicounty Appraisal Trust (trust).
What it does
- This bill:
- authorizes the use of trust funds for hiring professional appraisers to provide property valuation services within rural counties; and
- establishes qualifications for professional appraisers hired by the trust to provide property valuation services.
Every vote on this bill
1/17/2024House/ passed 3rd reading
Senate Secretary
74 0 1YEA1/24/2024Senate Comm - Amendment Recommendation # 2
Senate Government Operations and Political Subdivisions Committee
2 0 6not eligible / no record1/24/2024Senate Comm - Favorable Recommendation
Senate Government Operations and Political Subdivisions Committee
2 0 6not eligible / no record1/31/2024Senate/ passed 2nd reading
Senate 3rd Reading Calendar
25 0 4not eligible / no record2/1/2024Senate/ circled
Senate 3rd Reading Calendar
Voice votenot eligible / no record2/1/2024Senate/ uncircled
Senate 3rd Reading Calendar
Voice votenot eligible / no record2/1/2024Senate/ passed 3rd reading
Clerk of the House
27 0 2not eligible / no record2/1/2024Senate/ motion to reconsider
Senate Secretary
Voice votenot eligible / no record2/1/2024Senate/ substituted from # 0 to # 1
Senate 3rd Reading Calendar
Voice votenot eligible / no record2/1/2024Senate/ passed 3rd reading
Clerk of the House
28 0 1not eligible / no record2/5/2024House/ concurs with Senate amendment
Senate President
72 0 3YEABill text
amended version · official source
This document includes Senate Committee Amendments incorporated into the bill on Fri, Jan 26, 2024 at 8:25 AM by pflowers. MULTICOUNTY APPRAISAL TRUST AMENDMENTS GENERAL SESSION STATE OF UTAH Chief Sponsor: Norman K Thurston Senate Sponsor: Daniel McCay LONG TITLE Ŝ→ [ Committee Note: The Revenue and Taxation Interim Committee recommended this bill. Legislative Vote: 14 voting for 0 voting against 4 absent ] ←Ŝ General Description: This bill modifies provisions related to the Multicounty Appraisal Trust (trust). Highlighted Provisions: This bill: ▸ authorizes the use of trust funds for hiring professional appraisers to provide property valuation services within rural counties; and ▸ establishes qualifications for professional appraisers hired by the trust to provide property valuation services. Money Appropriated in this Bill: None Other Special Clauses: None Utah Code Sections Affected: AMENDS: 59-2-1606 , as last amended by Laws of Utah 2020, Chapter 447 Be it enacted by the Legislature of the state of Utah: Section 1. Section 59-2-1606 is amended to read: 59-2-1606. Statewide property tax system funding for counties -- Disbursements to the Multicounty Appraisal Trust -- Use of funds. (1) The funds deposited into the Multicounty Appraisal Trust in accordance with Section 59-2-1602 shall be used to provide funding for a statewide property tax system that will promote: (a) the accurate valuation of property; (b) the establishment and maintenance of uniform assessment levels among counties within the state; (c) efficient administration of the property tax system, including the costs of assessment, collection, and distribution of property taxes; and (d) the uniform filing of a signed statement a county assessor requests under Section 59-2-306 , including implementation of a statewide electronic filing system. (2) The trustee of the Multicounty Appraisal Trust shall: (a) determine which projects to fund; and (b) oversee the administration of a statewide property tax system. (3) (a) Subject to Subsection (3)(b), the trustee of the Multicounty Appraisal Trust may, in order to promote the objectives described in Subsection (1), use funds deposited into the Multicounty Appraisal Trust to hire Ŝ→ [ a professional appraiser ] one or more professional 46a appraisers ←Ŝ to provide property valuation services within a county of the third, fourth, fifth, or sixth class. (b) A professional appraiser hired to provide property valuation services under this Subsection (3) shall: (i) hold an appraiser's certificate or license from the Division of Real Estate in accordance with Title 61, Chapter 2g, Real Estate Appraiser Licensing and Certification Act; and (ii) be approved by: (A) the commission; and (B) Ŝ→ [ the Utah Association of Counties ] an association that represents two or more 55a counties in the state ←Ŝ . Section 2. Effective date. This bill takes effect on May 1, 2024.