Property Tax Exemption Process Amendments

Changed the deadline for the county board to render a written decision on standard exemption applications from a fixed May 1 date to the date the county assessor must complete and deliver the assessment book, ensuring the decision aligns with the availability of assessment data.

Added a mandatory requirement that every written decision on an exemption application must include a specific notice informing the property owner of their right to appeal to the State Tax Commission.

Added a requirement for the county board to hold a hearing and render a decision for 'exclusive use' exemption applications within 30 days of the application filing or May 1, whichever is later.

Established a new appeal process specifically for when a county board revokes an exemption, allowing the property owner to appeal that revocation to the State Tax Commission.

Created a specific filing deadline for 'exclusive use' exemptions based on when property is acquired, allowing applicants to file by June 1 of the acquisition year or within 120 days of acquisition, whichever is later.