Ad valorem tax; requiring notice of valuation increase to include information on limitation of fair cash value. Effective date.
What changed between versions
Added requirement for notices to include homestead fair cash value limitation information when applicable
Added requirement for notices to include specific valuation data including fair cash value, taxable fair cash value, and assessment percentages for both preceding and current years
Added requirement for notices to describe personal property with sufficient accuracy to identify included property
Added requirement for notices to include penalty information for personal property valuation increases
Modified protest procedures to allow corrections for scrivener's errors regardless of the 30-day protest period
Added requirement for assessors to provide county board of equalization with all taxpayer information, supporting data, and informal hearing results upon appeal
Added effective date of November 1, 2025