SB292-SA1,2,3
8“(c) For purposes of par. (a), “highest and best use" means the specific use of the
9property as of the current assessment date or a higher use to which the property can
10be expected to be put in before the next assessment date, if the use is legally
11permissible, physically possible, not speculative, and financially feasible and
12provides the highest net return. When the current use of a property is the highest
1and best use of that property, value in the current use equals full market value. In
2this paragraph, “legally permissible” does not include a conditional use that has not
3been granted as of the assessment date.”.