1998 Session

Budget Amendments - HB30 (Conference Report)

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State Land Evaluation Advisory Commission (language only)

Item 295 #1c

Item 295 #1c

Taxation, Department of

Page 191, line 39, before "The" insert "A."
Page 191, after line 46, insert:
"B.  The State Land Evaluation Advisory Commission shall examine its current method of calculating agricultural land use assessment values to determine if the current method accurately reflects such values.  As part of its study, the Commission shall examine methods other states are using to value agricultural land use.  The Commission's findings and recommendations shall address whether Virginia's current method is the most accurate and cost-effective method for calculating agricultural land use values.  The Commission shall report its findings to the Chairmen of the House Appropriations, House Finance, and Senate Finance Committees by December 1, 1999."

(This amendment is self-explanatory.)