This bill amends K.S.A. 2025 Supp. 79-1460 to establish new requirements for county appraisers regarding property valuations. Specifically, it mandates that if the appraised value of residential or commercial property increases by more than 5% in any 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. Additionally, the bill clarifies that property valuations cannot be increased solely due to normal repairs or maintenance, and it outlines the notification process for taxpayers regarding their property valuations.

The bill also includes provisions for the content of the notification sent to taxpayers, ensuring they are informed of their rights to appeal and the procedures involved. It requires that the notice specify the appraised and assessed values for each property class and includes a guide to the property tax appeals process, which must be made available to taxpayers upon request. Furthermore, the bill repeals the existing section of K.S.A. 2025 Supp. 79-1460, indicating a comprehensive update to the property valuation process in Kansas.

Statutes affected:
As introduced: 79-1460