LRC Seal



WWW Version

The hyperlink to a bill draft that precedes a summary contains the most recent version (Introduced/GA/Enacted) of the bill. If the session has ended, the hyperlink contains the latest version of the bill at the time of sine die adjournment. Note that the summary pertains to the bill as introduced, which is often different from the most recent version.

HB 398/FN/LM (BR 1381) - T. Thompson

     AN ACT relating to property valuation.
     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.


     HCS/FN/LM - 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.

     Feb 13-introduced in House
     Feb 14-to Appropriations & Revenue (H)
     Feb 24-posted in committee
     Feb 28-reported favorably, 1st reading, to Consent Calendar with Committee Substitute
     Feb 29-2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Friday, March 2, 2012
     Mar 2-3rd reading, passed 97-0 with Committee Substitute
     Mar 5-received in Senate
     Mar 7-to Appropriations & Revenue (S)
     Mar 22-reported favorably, 1st reading, to Calendar
     Mar 23-2nd reading, to Rules
     Mar 27-posted for passage in the Regular Orders of the Day for Tuesday, March 27, 2012; 3rd reading, passed 32-0-1
     Mar 28-received in House; enrolled, signed by Speaker of the House
     Mar 30-enrolled, signed by President of the Senate; delivered to Governor
     Apr 11-signed by Governor (Acts ch. 94)

Vote History
Legislature Home Page | Record Front Page