132.660 Emergency assessments.
501 words·~2 min read·
/ky/chapter-132/132-660A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)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
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.
(2)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.