AN ACT relating to the assessment of property for ad valorem taxation.
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 7, 2022
Last action Jan 7, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 7, 2022
Committee
to Committee on Committees (H)
lower
Jan 7, 2022
Introduced
introduced in House
lower
2 primary · 0 co-sponsors
Sponsors
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