HB2496

Kansas HB2496 mandates a review or audit of public utility property appraisals if their total appraised value decreases by more than 5%.

Kansas HB2496 requires the director of property valuation to conduct a review or audit of the appraisal and apportionment of the valuation of the property of any public utility when the total appraised value of property of such public utility in this state decreases more than 5% and a governmental body requests such review or audit. This review or audit must occur upon the request of any governmental body with authority to levy ad valorem or property tax and the public utility has real or personal property subject to ad valorem or property tax within the taxing jurisdiction of the.