{"data":{"id":"us-ky/krs-132.450","jurisdiction":"us-ky","citation":"KRS 132.450","heading":"Assessment -- Special procedure and provision for assessing real property","body":"at agricultural or horticultural value -- Election by owner.\n(1) Each property valuation administrator shall assess at its fair cash value all property\nwhich it is his duty to assess except as provided in paragraph (c) of subsection (2) of\nthis section. The property of one (1) person shall not be assessed willfully or\nintentionally at a lower or higher relative value than the same class of property of\nanother, and any grossly dis criminatory valuation shall be construed as an\nintentional discrimination. The property valuation administrator shall make every\neffort, through visits with the taxpayer, personal inspection of the property, from\nrecords, from his own knowledge, from information in property schedules, and from\nsuch other evidence as he may be able to obtain, to locate, identify, and assess\nproperty.\n(2) (a) In determining the total area of land devoted to agricultural or horticultural\nuse, there shall be included the area o f all land under farm buildings,\ngreenhouses and like structures, lakes, ponds, streams, irrigation ditches and\nsimilar facilities, and garden plots devoted to growth of products for on -farm\npersonal consumption but there shall be excluded, land used in co nnection\nwith dwelling houses including, but not limited to, lawns, drives, flower\ngardens, swimming pools, or other areas devoted to family recreation. Where\ncontiguous land in agricultural or horticultural use in one (1) ownership is\nlocated in more than  one (1) county or taxing district, compliance with the\nminimum requirements shall be determined on the basis of the total area of\nsuch land and not the area of land which is located in the particular county or\ntaxing district.\n(b) Land devoted to agricult ural or horticultural use, where the owner or owners\nhave petitioned for, and been granted, a zoning classification other than for\nagricultural or horticultural purposes qualifies for the agricultural or\nhorticultural assessment until such time as the land  changes from agricultural\nor horticultural use to the use granted by the zoning classification.\n(c) When the use of a part of a tract of land which is assessed as agricultural or\nhorticultural land is changed either by conveyance or other action of the\nowner, the right of the remaining land to be retained in the agricultural or\nhorticultural assessment shall not be impaired provided it meets the minimum\nrequirements, except the minimum ten (10) contiguous acre requirement shall\nnot be applicable if any por tion of the agricultural or horticultural land has\nbeen acquired for a public purpose as long as the remaining land continues to\nmeet the other requirements of this section.\n(d) When in the opinion of the property valuation administrator any land has a\nvalue in excess of that for agricultural or horticultural use the property\nvaluation administrator shall enter into the tax records the value of the\nproperty according to its fair cash value. When the property valuation\nadministrator determines that the land meets the requirements for valuation as\nagricultural or horticultural land, the valuation for tax purposes shall be its\nagricultural or horticultural value.\n(3) When land which has been valued and taxed as agricultural land for five (5) or more\nconsecutive years under the same ownership fails to qualify for the classification\nthrough no other action on the part of the owner or owners other than ceasing to\nfarm the land, the land shall retain its agricultural classification for assessment and\ntaxation purpos es. Classification as agricultural land shall expire upon change of\nuse by the owner or owners or upon conveyance of the property to a person other\nthan a surviving spouse.\n(4) If the property valuation administrator assesses any property at a greater valu e than\nthat listed by the taxpayer or assesses unlisted property, the property valuation\nadministrator shall serve notice on the taxpayer of such action. The notice shall be\ngiven by first-class mail or as provided in the Kentucky Rules of Civil Procedure.\n(5) Any taxpayer may designate on the property schedule any property which he does\nnot consider to be subject to taxation, and it shall be the duty of the property\nvaluation administrator to obtain and follow advice from the department relative to\nthe taxability of such property.","path":["KRS Chapter 132"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=28275","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:24Z","sha256":"d68325ab52dadf86c8da40d8a040b9a4f0a60a1449df9a4400dd93ee0dc7fdae","source_id":"us-ky","stale":false,"prev":"us-ky/krs-132.440","next":"us-ky/krs-132.452"},"notice":"GroundRules: Original legal text. Not legal advice."}