HB 442/LM (BR 323) - D. Pasley, C. Hoffman
AN ACT relating to the coordination of local government finance.
Create new sections of KRS Chapter 65 to define terms and state the purposes of the Local Government Service and Tax Base Coordination Act; create a new section of KRS Chapter 65 to establish how local governments may initiate the tax base coordination process; create a new section of KRS Chapter 65 to prohibit cities or counties from adopting ordinances to impose, repeal, or alter the rates of occupational license fees or insurance premium taxes after a city or county has stated its desire to negotiate a coordination agreement; create a new section of KRS Chapter 65 to establish the membership composition of negotiation committees; create a new section of KRS Chapter 65 to state the requirements of any agreement; create a new section of KRS Chapter 65 to state the effective date of any agreement; create a new section of KRS Chapter 65 to establish the review, revision, and termination processes for agreements; create a new section of KRS Chapter 65 to remove the 1% cap on occupational license fees for counties having populations of 30,000 or more, and to state that agreements supersede crediting requirements on county occupational license fees and insurance taxes, while agreements are in effect; create a new section of KRS Chapter 65 to require mediation for local governments that cannot reach an agreement; amend KRS 68.197 and 91A.080 to conform; create a new section of KRS Chapter 81A to allow cities to annex urbanized areas according to tax base coordination agreements.
Feb 12-introduced in House
Feb 23-to Local Government (H)
Feb 27-posted in committee
