This bill amends K.S.A. 2025 Supp. 79-1460 to require county appraisers to adjust the valuation of personal property mobile homes, as well as residential and commercial properties, following a final determination of a valuation appeal. If the appraised value of these properties exceeds a 5% increase each year for five consecutive years, the county appraiser must either adjust the valuation based on previous appeal information or obtain an independent fee simple appraisal. The bill also specifies that the valuation for real property cannot be increased without proper documentation from the latest physical inspection and that normal repairs or maintenance will not trigger a valuation increase.

Additionally, the bill mandates that taxpayers receive annual notifications regarding the classification and appraised valuation of their properties, with specific details included in the notice. It also establishes a guide for taxpayers on the property tax appeals process, which must be made available upon request. The existing section of K.S.A. 2025 Supp. 79-1460 is repealed, and the new provisions will take effect upon publication in the statute book.

Statutes affected:
As introduced: 79-1460
As Amended by House Committee: 79-1460