SB 455 – Increases the assessed valuation a county must maintain in order to move into a higher classification

• Sponsor: Mayer
• LR Number: 2017S.01I
• Committee: Jobs, Economic Development and Local Government
• Last Action: 3/25/2009 - Hearing Conducted S Jobs, Economic Development and Local Government Committee
• Effective Date: August 28, 2009

Current Bill Summary

SB 455 - This act increases the assessed valuation a county must maintain in order to move into a higher classification. The assessed valuation for counties of the first classification is increased from $600 million to $1 billion. The assessed valuation for counties of the second classification is increased from $450 million to $750 million. All counties with an assessed valuation of less than $750 million will be counties of the third classification.

SUSAN HENDERSON MOORE