{"data":{"id":"us-ky/krs-140.330","jurisdiction":"us-ky","citation":"KRS 140.330","heading":"Land presumed assessed at agricultural value -- Procedure when not so","body":"assessed.\nIn the event the qualified real estate is reported for inheritance tax purposes at its\nagricultural or horticultural value and that real estate has been assessed at its ag ricultural\nor horticultural value for ad valorem tax purposes, then that assessment shall be presumed\nto be its agricultural or horticultural value for inheritance tax purposes. If, however, the\nreal estate has not been so assessed for ad valorem tax purpo ses, then the agricultural or\nhorticultural value shall be determined pursuant to KRS Chapter 132 and such regulations\nas may be promulgated by the Department of Revenue to determine horticultural or\nagricultural value for inheritance tax purposes.","path":["KRS Chapter 140"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29018","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:33Z","sha256":"725cf7bee79c78d89bc85f2a53af333f3d4c63d6db27a79323530509c041d9ff","source_id":"us-ky","stale":false,"prev":"us-ky/krs-140.320","next":"us-ky/krs-140.340"},"notice":"GroundRules: Original legal text. Not legal advice."}