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HB 238 KY
Introduced

AN ACT relating to the assessment of property for ad valorem taxation.

KY · session 2022RS · Assembly / House · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 7, 2022

Latest action (Jan 7, 2022) to Committee on Committees (H)

Summary

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.

Sponsors (2)

Action history (2)
  1. Jan 7, 2022 introduced in House · lower
  2. Jan 7, 2022 to Committee on Committees (H) · lower
Subjects
PropertyProperty Valuation AdministratorsTaxationTaxation, Property

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced · PDF

Full text

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