2013 Kentucky Revised Statutes CHAPTER 132 - LEVY AND ASSESSMENT OF PROPERTY TAXES 132.485 Motor vehicle registration as consent to assess -- Ownership -- Assessment of vehicle purchased and registered in different years -- Exemptions.
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132.485 Motor vehicle registration as consent to assess -- Ownership -Assessment of vehicle purchased and registered in different years -Exemptions.
(1)
(2)
(3)
(4)
(a)
The registration of a motor vehicle with a county clerk in order to operate
it or permit it to be operated upon the highways of the state shall be
deemed consent by the registrant for the motor vehicle to be assessed by
the property valuation administrator from a standard manual prescribed
by the Department of Revenue for valuing motor vehicles for assessment
unless the registrant appears before the property valuation administrator
to assess the vehicle. The standard value of motor vehicles shall be the
average trade-in value prescribed by the valuation manual unless
information is available that warrants any deviation from the standard
value.
(b) The registration of a recreational vehicle with the county clerk in order to
operate it or permit it to be operated upon the highways shall be deemed
consent by the registrant thereof for the recreational vehicle to be
assessed by the property valuation administrator at a valuation
determined from a standard manual prescribed by the Department of
Revenue for valuing recreational vehicles for assessment unless the
registrant appears in person before the property valuation administrator to
assess the vehicle.
The registration of a motor vehicle on or before the date that the registration of
the vehicle is required is prima facie evidence of ownership on January 1.
When a motor vehicle is purchased in one (1) year, but registration takes place
after January 1 of the following year through no fault of the owner, the
Department of Revenue shall assess the motor vehicle and shall send notice of
the assessment to the January 1 owner in accordance with KRS 186A.035. If
the month of registration has passed for the current year, the assessment shall
be due and payable if not protested to the department within forty-five (45)
days from the date of the notice. Payments made after the due date shall carry
the normal penalty and interest for motor vehicles.
This section does not apply to motor vehicles or recreational vehicles owned
and operated by public service companies, common carriers, or agencies of
the state and federal governments.
Effective:June 25, 2009
History: Amended 2009 Ky. Acts ch. 56, sec. 1, effective June 25, 2009. -Amended 2005 Ky. Acts ch. 85, sec. 201, effective June 20, 2005. -- Amended
1998 Ky. Acts ch. 600, sec. 1, effective April 14, 1998. -- Amended 1982 Ky.
Acts ch. 264, sec. 2, effective January 1, 1984; and ch. 395, sec. 3, effective
July 15, 1982. -- Amended 1980 Ky. Acts ch. 240, sec. 1, effective January 1,
1981. -- Amended 1962 Ky. Acts ch. 29, sec. 3. -- Amended 1960 Ky. Acts
ch. 186, Art. I, sec. 13. -- Created 1952 Ky. Acts ch. 159, sec. 1.
Legislative Research Commission Note. This section was amended by 1982 Acts
Ch. 395, Section 3 and 1982 Acts Ch. 264, Section 2, which are partially in
conflict. Effect has been given to the substantive provisions made by the
General Assembly.
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