No. 32052 (Amendment): R884-24P-70. Real Property Appraisal Requirements for County Assessors Pursuant to Utah Code Ann. Sections 59-2-303.1 and 59-2-919.1

DAR File No.: 32052
Filed: 10/15/2008, 10:06
Received by: NL

RULE ANALYSIS

Purpose of the rule or reason for the change:

H.B. 54 (2008) requires the commission to set standards for the mass appraisal system of a county of the first or second class. (DAR NOTE: H.B. 54 (2008) is found at Chapter 301, Laws of Utah 2008, and will be effective 01/01/2009.)

Summary of the rule or change:

The proposed section defines terms; and provides criteria that the mass appraisal system of a county of the first or second class must meet.

State statutory or constitutional authorization for this rule:

Sections 59-2-303.1 and 59-2-919.1

Anticipated cost or savings to:

the state budget:

None--Any fiscal impact was considered in H.B. 54 (2008).

local governments:

None--Any fiscal impact was considered in H.B. 54 (2008).

small businesses and persons other than businesses:

None--Any fiscal impact was considered in H.B. 54 (2008).

Compliance costs for affected persons:

None--Counties of the first and second class are required to have a mass appraisal system. This section sets the standards for that mass appraisal system.

Comments by the department head on the fiscal impact the rule may have on businesses:

There are no anticipated fiscal impacts as they were considered in H.B. 54 (2008). D'Arcy Dixon, Commissioner

The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

Tax Commission
Property Tax
210 N 1950 W
SALT LAKE CITY UT 84134

Direct questions regarding this rule to:

Cheryl Lee at the above address, by phone at 801-297-3900, by FAX at 801-297-3919, or by Internet E-mail at [e-mail]

Interested persons may present their views on this rule by submitting written comments to the address above no later than 5:00 p.m. on:

12/01/2008

This rule may become effective on:

01/01/2009

Authorized by:

D'Arcy Dixon, Commissioner

RULE TEXT

R884. Tax Commission, Property Tax.

R884-24P. Property Tax.

R884-24P-70. Real Property Appraisal Requirements for County Assessors Pursuant to Utah Code Ann. Sections 59-2-303.1 and 59-2-919.1.

(1) Definitions.

(a) "Accepted valuation methodologies" means those methodologies approved or endorsed in the Standard on Mass Appraisal of Real Property and the Standard on Automated Valuation Models published by the International Association of Assessing Officers (IAAO).

(b) "Database," as referenced in Section 59-2-303.1(6), means an electronic storage of data using computer hardware and software that is relational, secure and archival, and adheres to generally accepted information technology standards of practice.

(2) County mass appraisal systems, as defined in Section 59-2-303.1, shall use accepted valuation methodologies to perform the annual update of all residential parcels.

(3)(a) A detailed review of property characteristics shall include a sufficient inspection to determine any changes to real property due to:

(i) new construction, additions, remodels, demolitions, land segregations, changes in use, or other changes of a similar nature; and

(ii) a change in condition or effective age.

(b)(i) A detailed review of property characteristics shall be made in accordance with the IAAO Standard on Mass Appraisal of Real Property.

(ii) When using aerial photography, including oblique aerial photography, the date of the photographic flight is the property review date for purposes of Section 59-2-303.1.

(4) The last property review date to be included in the county's computer system shall include the actual day, month, and year that the last detailed review of a property's characteristics was conducted.

(5) The last property review date to be included on the notice shall include at least the actual year or tax year that the last detailed review of a property's characteristics was conducted. The month and day of the review may also be included on the notice at the discretion of the county assessor and auditor.

(6)(a) The five-year plan shall detail the current year plus four subsequent years into the future. The plan shall define the properties being reviewed for each of the five years by one or more of the following:

(i) class;

(ii) property type;

(iii) geographic location; and

(iv) age.

(b) The five-year plan shall also include parcel counts for each defined property group.

 

KEY: taxation, personal property, property tax, appraisals

Date of Enactment or Last Substantive Amendment: [March 28, 2008]2009

Notice of Continuation: March 12, 2007

Authorizing, and Implemented or Interpreted Law: 59-2-303.1; 59-2-918 through 59-2-924