View Amendment Current Amendment: 1 to Bill 3733 The Committee on Ways and Means proposes the following Amendment No. 1 to H. 3733 (COUNCIL\BBM\3733C005.BBM.HTC14):

Reference is to the bill as introduced.

Amend the bill, as and if amended, by striking Section 12-43-222, as contained in SECTION 1, beginning on page 1, and inserting:

     / Section 12-43-222.      Notwithstanding the provisions of Section 12-43-220(d)(4), the property tax value, as defined in Section 12-37-3135, of that portion of a parcel of real property changed from agricultural use for purposes of residential or commercial development that is designated on the recorded development plat of the parcel as 'green space' or 'open space' if it equals ten percent or more of the area included within the outermost boundaries of the residential or commercial development must be valued according to its new green space or open space use for all purposes in calculating roll-back tax due on the parcel. As used in this section only, and without regard to any other definitions for those terms in state law or regulations, 'green space' and 'open space' have the meaning provided for those terms by the United States Environmental Protection Agency . The county assessor shall value the designated green space or open space in the manner that other property dedicated to that use is valued and that value must be used in the calculation of roll-back tax on the parcel pursuant to Section 12-43-220(d)(4). Appeals from the valuation of the 'green space' or 'open space' may be taken in the manner provided by law for appeals of value of real property appraised by county assessors." /

Amend the bill further, page 3, by striking SECTION 3 and inserting:

/ SECTION      3.      This act takes effect upon approval by the Governor and applies for eligible real property changed from agricultural use valuation after 2013. /

Renumber sections to conform.
Amend title to conform.