The proposed bill, if enacted, would amend section 42-12155 of the Arizona Revised Statutes by adding new provisions regarding the reclassification of agricultural property. Under the current law, there are no specific restrictions on a county assessor's ability to reclassify agricultural property following an appeal. The bill introduces a new stipulation that prohibits a county assessor from reclassifying agricultural property or conducting an on-site inspection for four years if the property owner prevails in an appeal.

Additionally, the bill outlines specific circumstances under which the assessor may reclassify the property during this four-year period. These circumstances include: (1) the property owner filing a change in use notice, (2) a split of the property, or (3) a change in ownership or lease of the property. This update aims to provide greater stability for property owners who successfully appeal their agricultural property classification.

Statutes affected:
Introduced Version: 42-12155
House Engrossed Version: 42-12155