Property Tax Valuation Appeal Process

Property tax - alternate protest and appeal procedures - notice and information for taxpayer - information taxpayer provides county. For counties that have elected to use the alternate protest and appeal procedures, the act requires:

• A taxpayer who owns rent-producing commercial real property to provide the assessor with property rental information (rental information) on or before July 15 of the year of the appeal; and
• The county assessor to mail the notice of determination regarding the appeal by August 15 of the year of the appeal instead of the last working day in August.

For all counties, the act modifies:

• The rental information that a petitioner appealing the valuation of rent-producing commercial property or the denial of an abatement must provide to a county; and
• The information related to a county's determination of the value that a county is required to provide to a petitioner who has filed an appeal with the board of assessment appeals.

A petitioner who provides rental information to an assessor as part of an alternate protest and appeal is not required to provide the same information in an appeal of the valuation.

(Note: This summary applies to this bill as enacted.)