HB 703 (BR 1564) - A. Wuchner
AN ACT relating to the support education excellence in Kentucky program.
Amend KRS 157.390 to provide that the required local effort shall be calculated by applying the $.30 cents minimum equivalent tax rate to the previous total assessed value of property and the assessment for motor vehicles plus a maximum of four percent (4%) regardless of the amount of local tax revenues generated.
Feb 27-introduced in House
Feb 28-to Education (H)