SB1248 Rule B Property Assessment Uniformity (2019 - Leach)
https://apps.azleg.gov/BillStatus/BillOverview/71851
Currently, there is no guidance in statute- only a Department of Revenue guideline that
suggests County Assessors apply “Rule B” when the Full Cash Value (market value)
increases by 10% or more, or at the discretion of the County Assessor. First, the 10%
threshold is arguably too low, and as introduced, SB1248 would have allowed a more
reasonable threshold of 20%. Second, allowing assessor’s to ignore the 10% threshold and