AN ACT relating to property tax.
     Amend KRS 132.820 to provide for an exception to the Revenue Cabinet's assessment of unmined minerals and other energy resources as a separate and distinct interest in real property; create a new section of KRS Chapter 132 to provide that the unmined minerals be considered as a value in excess of the agricultural value if the surface and mineral owner are the same; amend KRS 132.010 to provide that the definition of agricultural land includes the mineral resources beneath the land, if the value of the unmined mineral is less than the value of the land's agricultural use, and if the rights to the mineral are still held by the landowner.

     Jan 18-introduced in House
     Jan 19-to Appropriations and Revenue (H)
     Mar 6-posted in committee
     Mar 9-reported favorably, 1st reading, to Calendar
     Mar 10-2nd reading, to Rules; recommitted to Appropriations and Revenue (H)