HF 2162: Relating to property assessment standards and litigation

What it does

This bill relates to property assessment standards and litigation. The international association of assessing officers (IAAO) is a nonprofit professional membership organization of government assessment officials and others interested in the administration of the property tax. The IAAO regularly publishes standards related to property assessments with the goal of advancing more equitable property appraisals, assessment administration, and property tax policies. Current law requires the director of the department of revenue (director) to prepare and issue a state appraisal manual which each county and city assessor must use to assess and value all classes of property.

In plain words

1. January 25, 2024Filed in the House and sent to the Ways and Means committee