00RS HB23


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HB 23/LM (BR 98) - J. Wayne, S. Alexander, J. Bowling, I. Branham, T. Burch, P. Clark, C. Geveden, J. Jenkins, M. Marzian, R. Palumbo, K. Stein, G. Stumbo

     AN ACT relating to revenue and taxation.
     Amend KRS 132.020 to provide a phase-out of the state property tax on the first $15,000 of assessed value on motor vehicles; amend KRS 134.805 to adjust the commission received by the county clerks for collecting the state property tax on motor vehicles; create a new section of KRS Chapter 141 to phase-in a refundable credit equal to 15% of the federal earned income credit.

     (Prefiled by the sponsor(s))

     Jan 4-introduced in House; to Appropriations and Revenue (H)

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