Effective January 1, 2005
SB 1820, Machado, Chapter 794
Current Fair Market Evaluation for Cancellation Fee Determination and Review GC§§52103, 51283, 51283.4 and 51284.1
Assessors determine the current fair market valuation of land to determine the cancellation fee required to remove land from a Williamson Act contract.
Existing law allows a petitioner the right to appeal the current fair market valuation of the cancellation fee to the county board of equalization.
SB 1820 deletes the petitioner’s right to appeal and requires the assessor to notify the petitioner and the Department of Conservation of the current fair market valuation of land to be removed from contract. If either the petitioner or the Department believes the valuation to be inaccurate, either party may request the assessor to conduct a formal review of the current fair market valuation.
SB 1820 also sets forth procedures for formal review and any recomputation of the cancellation fee.
For the text of SB1820 as chaptered, see: