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HB2496: 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 when the total appraised value of property of such public utility in this state decreased more than 5% and a governmental body requests such review or audit.
IntroducedHouse
Introduced
In Committee
Passed Chamber
Passed Both
Signed
Plain-Language Summary
This bill requires a review or audit of public utility property values when there's a significant decrease and a government body asks for it.
Who This Affects
Public utilities operating in Kansas will be affected by this change. Specifically, their property values will be re-examined if they experience a decline of more than 5% and a local government requests an audit.
Key Provisions
• The review or audit applies when the total appraised value of public utility property in Kansas decreases by more than 5%
• A governmental body must request the review or audit for it to occur
• The director of property valuation will conduct the review or audit
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Timeline
Introduced
Tuesday, January 20, 2026
Last Action
House Referred to Committee on Taxation
Jan 20, 2026
Sponsors
No sponsors listed.
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