Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2014
Property Tax Annotations
200.0000 BASE YEAR VALUE TRANSFER
(b) BASE YEAR VALUE TRANSFER – GOVERNMENT ACQUISITION
200.0305 Award Price. For purposes of determining the value comparison, only the amount directly paid for the taxpayer's fee simple interest in the real property should be considered as the award or purchase price paid for property taken. Any other amount received for other types of interests in the property, such as a utility or temporary construction easement, should be excluded. C 4/29/2009.