Title
AN ACT relating to the assessment of property for ad valorem taxation.
Summary of Original Version
Amend KRS 132.450 to prohibit a property valuation administrator from using the asking price of a property actively listed for sale in the determination of the fair cash value of property unless other evidence demonstrates that the asking price is the price the property would bring at a fair voluntary sale.
Documents
Introduced .pdf
(22.51 KB)
Session
Index Headings of Original Version
Assessment of property for taxation, use of asking price, prohibition
Assessment of property for taxation, use of asking price, prohibition
Property tax, assessment of property, use of asking price, prohibition
Assessment of property, use of asking price, prohibition
Actions
01/07/22
- introduced in House
- to Committee on Committees (H)