S159 - Corrected Revaluations/Minimal Refunds/Property Taxes (SL 2015-266)

Overview: S.L. 2015-266 clarifies the process by which undervalued property is to be taxed under reappraisals conducted under S.L. 2013-362 (Require Certain General Reappraisals), and authorizes local governments to not mail minimal property tax refunds.

This act became effective October 1, 2015.