Establishes a statewide Property Assessment Working Group to develop recommendations for state standards on property assessment practices in Delaware.
The bill establishes a statewide Property Assessment Working Group to develop recommendations for state standards on property assessment practices in Delaware. The Working Group will focus on four areas: methodological standards, quality standards, administrative capacity and governance, and taxpayer notification, transparency, and appeals. The group will examine other states' frameworks and use recognized statistical measures to ensure accuracy and uniformity. The Working Group will submit draft legislation by the end of the 6-month period following its convening.
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