Revenue

Property valuation notices could change

Notifications of property valuation would be changed by a bill advanced from general file March 22.

Currently, when a property is assessed at a value different from the previous year, the county assessor must notify the property owner. The notice includes the old and new assessed values, dates to file a protest and the median value of all property in the county.

York Sen. Greg Adams said he introduced LB822 on behalf of county assessors who reported confusion among property owners about the median value. Originally, the bill would have provided an explanation of the median value figures at the top of each valuation notification.

A Revenue Committee amendment, adopted 29-0, instead would remove the figure from the notifications altogether.

Senators voted to advance the bill on a 26-0 vote.

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