LRBa1270/1
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2017 - 2018 LEGISLATURE
SENATE AMENDMENT 2,
TO SENATE BILL 292
October 4, 2017 - Offered by Senator Roth.
SB292-SA2,1,11 At the locations indicated, amend the bill as follows:
SB292-SA2,1,2 21. Page 2, line 15: after “of the property" insert “, or prohibits competition,".
SB292-SA2,1,4 32. Page 2, line 16: after “2." insert “and the property being assessed lacks such
4a restriction.".
SB292-SA2,1,5 53. Page 2, line 17: delete lines 17 and 18.
SB292-SA2,1,6 64. Page 2, line 19: delete “3." and substitute “2.".
SB292-SA2,1,7 75. Page 3, line 3: delete lines 3 to 5 and substitute:
SB292-SA2,2,3 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 highly 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.”.
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