Legislative Decree concerning the extraordinary update of official valuation values for real estate assets and the general revision

1 The individual estimated values within the meaning of the Law on Official Real Estate Valuation of 13 November 1996 (Valuation Law) are increased by 15 percent.

2 Agricultural and forestry land, land without a specific designation, and water rights within the meaning of Articles 11, 12, 14, and 24 of the Valuation Law are not subject to updating.

3 The Council of State shall determine the entry into force of the individual estimated values.

1 The notification of valuation decisions is carried out by the Council of State based on the directives provided by the Municipalities.

2 Owners or other holders of real rights may file a complaint against the valuation decisions with the Valuation Office, within thirty days of notification.

3 For the remainder, the procedure provided for intermediate updating is applicable, with the exception of the publication of valuation values.

1 Taking into account the extraordinary update of valuation values, the general revision of valuation values pursuant to Article 6 LStima is ordered by the Council of State for 2035.

2 Any interim updates pursuant to Article 7 LStima shall occur in four-year cycles starting from the entry into force of the extraordinary update.

1 This legislative decree is subject to optional referendum.

2 It enters into force retroactively on January 1, 2026.

Published in the BO 2026, 83.