Bill > SB2208

This bill creates a tax exemption for portions of property that provide tree canopy cover in counties whose local governing bodies elect to implement the exemption. The bill defines "tree canopy" and outlines the process for property owners to apply for the exemption, including the responsibilities of the implementing agency (county planning commission, assessor of property, or county board of equalization) in determining the portion of the property covered by tree canopy and setting the value of the exemption. The exemption is subject to approval by the state Board of Equalization and can continue for up to 14 years, with a reassessment after the initial 7-year period.