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%.
Died in Committee
Summary
The bill would force the Kansas director of property valuation to review or audit any public utility whose total appraised property value in the state falls by more than 5% compared to the previous tax year. Utilities must submit required information each March, and non‑compliant utilities would be referred to the attorney general. Audit results would be posted online for public viewing.
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