IN HB1139

All tangible property must be assessed on a just valuation basis uniformly regardless of who owns the property or who is liable for property taxes

County assessors must post approved reassessment plans on the Department of Local Government Finance (DLGF) website and state transparency portals as soon as possible after approval

When assessors change parcel characteristics (property classification, agricultural land type) based on verifiable evidence of a change in use, they must notify property owners with all evidence used and document each change and reason; assessors bear the burden of proving such changes are correct

Land must be assessed as agricultural land only when devoted to agricultural use, regardless of ownership or tax liability; agricultural use includes land enrolled in state or federal farm programs, USDA conservation programs, classified forest programs, and land used for livestock, crops, timber, pasture, or lying fallow

DLGF must inform assessors and county council presidents in writing if reassessments or assessment activities are not being properly conducted; if no such notice is given, this serves as an indication activities are being conducted properly; DLGF must order a state-conducted assessment if activities are found improper