2006 Senate Bill 1004 ↩

Senate Roll Call 339: Passed

To exempt land subject to a conservation easement (but not buildings or structures on the land) from the Proposal A taxable value “pop-up,” in which the state equalized value (market value) of newly-sold property becomes the basis for the property tax assessment of a new owner, rather than the capped “taxable value” of the previous owner, which is lower.