Fundamental Principles.
Section 2
SEC. 2. Fundamental Principles.—The appraisal and assessment of real property for taxation purposes shall be guided by the following fundamental principles: Real property shall be appraised at its current and fair market value; The appraisal of real property shall be uniform in each local political subdivision; Real property shall be classified for assessment purposes on the basis of its actual use; Real property shall be essessed on the basis of a uniform standard of value within each local political subdivision; In no case shall the appraisal and assessment of real property for taxation purposes and the collection of the real property tax be let to any private person; and The goal of real property assessment shall be the equitable distribution of the tax burden.