House Bill 398
Specifies method for appraising value of farmland
To amend sections 5713.31, 5713.34, and 5715.01 of the Revised Code to require that the computation of the capitalization rate for the purposes of determining CAUV of agricultural land be computed using a method that excludes appreciation and equity buildup and to stipulate that CAUV land used for a conservation practice or enrolled in a federal land retirement or conservation program for at least three years must be valued at the lowest of the values assigned on the basis of soil type.
Current Version
Introduced In House
In House Committee
Reported By Committee
Passed By House
Introduced In Senate
In Senate Committee
Reported By Committee
Passed By Senate
Subjects
Committees
House Government Accountability and Oversight Committee
Primary Sponsors
Brian Hill
Cosponsors
Representatives
Terry Boose
Jim Buchy
Tony Burkley
Jack Cera
Robert R. Cupp
Doug Green
Cheryl L. Grossman
David Hall
Stephen D. Hambley
Michael Henne
Ron Hood
Sarah LaTourette
Ronald Maag
Robert McColley
Michael J. O'Brien
Sean O'Brien
John Patterson
Debbie Phillips
Bill Reineke
Wes Retherford
Jeffery S. Rezabek
Margaret Ann Ruhl
Michael Sheehy
Stephen Slesnick
A. Nino Vitale
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