ID H0391

Removes the requirement that the state tax commission submit a report to the state department of education regarding procedures and statistical measures used in computing adjusted market value for school districts.

Maintains the state tax commission's obligation to certify adjusted market value to the state department of education and each county auditor by the first Monday in April each year.

Keeps the requirement that the state tax commission's report be made available for public inspection in the county auditor's office.

Applies only to charter districts levying a maintenance and operation levy in the prior calendar year.

State tax commission retains authority to conduct annual ratio studies and promulgate implementing rules for the assessment process.