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132.660 Emergency assessments.
(1)
(2)
The Department of Revenue shall have authority to order an emergency
assessment of all or any part of the taxable property in any taxing district to be
made by one (1) or more persons appointed for that purpose by the
department, whenever: there has been no regular assessment; the records of
an assessment have been destroyed, mutilated or lost; complaint is made by
the owners of not less than ten percent (10%) in value of the taxable property
in the taxing district; or investigation of the department discloses that the
assessment of property in such taxing district is so grossly inequitable or
fiscally infeasible that an emergency exists. The order directing such
emergency assessments shall state the reasons therefor and a copy shall be
filed in the office of the county clerk where the property lies. Such order, when
filed, shall void any assessment for the assessment year for which the
emergency assessment is made. Any person appointed to make such an
emergency assessment shall have the same powers and duties as the property
valuation administrator. Whenever the tax roll has been completed under an
emergency assessment and the tentative valuations have been determined,
the department shall cause to be published pursuant to KRS Chapter 424, a
notice as to the date when the tax roll will be ready for inspection and the time
available for such purpose; also a copy of the notice shall be posted at the
courthouse door. If any property is assessed at a greater value than that listed
by the taxpayer or unlisted property is assessed, the taxpayer shall be charged
with notice of such action by reason of the inspection period, and no further
notice need be given of such action taken before the beginning of the
inspection period. At the close of the inspection period, the tax roll shall be
delivered to the county clerk and the county judge/executive shall immediately
convene the board of assessment appeals to hear and determine any appeals
from such emergency assessment. The board shall remain in session for the
time and shall receive the compensation as provided in KRS 133.030(3).
Appeals shall be taken and heard from such emergency assessments in the
same manner as appeals from regular assessments.
The department may appoint the property valuation administrator to make an
emergency assessment provided he was not at fault, and if the property
valuation administrator is so appointed he shall receive reasonable
compensation for his services in making this assessment, which shall not affect
in any manner the payment to him of any compensation that he has received
for himself or on behalf of a deputy or that may be due him, for services in
making the regular assessment. Whenever through the property valuation
administrator's fault an emergency assessment is ordered, the property
valuation administrator shall become liable for the cost thereof as provided in
KRS 132.620, such cost to be limited to the amount due or paid him in
accordance with the provisions of KRS 132.590.
Effective:June 20, 2005
History: Amended 2005 Ky. Acts ch. 85, sec. 216, effective June 20, 2005. -Amended 1978 Ky. Acts ch. 384, sec. 262, effective June 17, 1978. -- Amended
1976 (1st Extra. Sess.) Ky. Acts ch. 20, sec. 6, effective January 2, 1978. -Amended 1966 Ky. Acts ch. 239, sec. 134. -- Amended 1949 (1st Extra. Sess.)
Ky. Acts ch. 5, sec. 2. -- Created 1942 Ky. Acts ch. 131, secs. 10 and 32.
Legislative Research Commission Note. A technical correction has been made in
this section by the Reviser of Statutes pursuant to KRS 7.136.
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