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KS HB2474
Bill
Status
1/20/2026
Primary Sponsor
Taxation
Click for details
AI Summary
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Director of property valuation must conduct a review or audit when any public utility's total appraised property value in Kansas decreases by more than 5% compared to the prior tax year
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Audit findings must be posted on the Division of Property Valuation's website and made available for public inspection
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Public utilities must continue submitting annual property returns to the director by March 20 each year for appraisal and apportionment purposes
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Amends K.S.A. 79-5a02 to add the new audit requirement to existing public utility property reporting statutes
Legislative Description
Requiring the director of property valuation to conduct a review or audit of the appraisal and apportionment of the valuation of the property of any public utility whose total appraised value of property of such public utility in this state decreased more than 5%.
Last Action
House Hearing: Wednesday, March 4, 2026, 3:30 PM Room 346-S
3/4/2026