I would just want to say I want to support the amendment offered by the gentleman from Florida. I have been in local government for 15 years. During that time I have sat through hundreds of zoning cases, literally hundreds of condemnation cases, sat through a number of appraisals that have come across our desks, and looked at the variations, and 10 percent is clearly within that margin of error. Many, many times we get three appraisals, and they are all over 10 percent apart from each other. I think without this amendment you almost raise the presumption that any action could reduce property by 10 percent. Any we know that market conditions, interest rates, financing mechanisms, the seasons, school districts, all of these which, extraneous to the governmental regulation, could reduce, actually could reduce the property values by 10 percent. Thirty percent looks to me like a reasonable threshold. It is beyond the margin of error. It addresses the anecdotal horror stories that we have heard on this floor that I think need to be addressed. Without this, I think the legislation raises the presumption that any regulation will adversely affect the property values by 10 percent. That is just within the margin of error. That has been my experience. I support the gentleman's amendment.
Editor's note · Context
Supporting an amendment related to property value assessments during a legislative debate.
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