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House Bill 398

Actions | Amendments
Last Action signed by Governor (Acts ch. 94)
Title AN ACT relating to property valuation.
Bill Documents Bill
Impact Statements Fiscal Note
Local Mandate
Bill Request Number 1381
Sponsor T. Thompson
Summary of Original Version Create a new section of KRS Chapter 132 to declare that property valuation administrators may use a variety of identified valuation methods to determine fair cash value, and that appraisals for tract and subdivision developments shall meet specified minimum standards.
Index Headings of Original Version Fiscal Note - Property valuation, declare valid assessment methods
Property - Valuation, declare valid assessment methods
Property Valuation Administrators - Declare valid assessment methods
Taxation - Property valuation, declare valid assessment methods
Taxation, Property - Valuation, declare valid assessment methods
Local Mandate - Valuation, declare valid assessment methods
Proposed Amendments House Committee Substitute 1
Votes Vote History

Actions

Top | Amendments
02/13/12
  • introduced in House
02/14/12
  • to Appropriations & Revenue (H)
02/24/12
  • posted in committee
02/28/12
  • reported favorably, 1st reading, to Consent Calendar with Committee Substitute
02/29/12
  • 2nd reading, to Rules
  • posted for passage in the Consent Orders of the Day for Friday, March 2, 2012
03/02/12
  • 3rd reading, passed 97-0 with Committee Substitute
03/05/12
  • received in Senate
03/07/12
  • to Appropriations & Revenue (S)
03/22/12
  • reported favorably, 1st reading, to Calendar
03/23/12
  • 2nd reading, to Rules
03/27/12
  • posted for passage in the Regular Orders of the Day for Tuesday, March 27, 2012
  • 3rd reading, passed 32-0-1
03/28/12
  • received in House
  • enrolled, signed by Speaker of the House
03/30/12
  • enrolled, signed by President of the Senate
  • delivered to Governor
04/11/12
  • signed by Governor (Acts ch. 94)

Proposed Amendments

Top | Actions
Amendment House Committee Substitute 1
Impact Statements Fiscal Note
Local Mandate
Summary Retain original provisions with the following change: provide that tract developments shall meet the minimum standards for appraisal established by the Kentucky Department of Revenue or the International Association of Assessing Officers.
Index Headings Fiscal Note - Property valuation, declare valid assessment methods
Property - Valuation, declare valid assessment methods
Property Valuation Administrators - Declare valid assessment methods
Taxation - Property valuation, declare valid assessment methods
Taxation, Property - Valuation, declare valid assessment methods
Local Mandate - Valuation, declare valid assessment methods

Last updated: 8/27/2019 8:05 PM (EDT)