House Bill 137

Actions
Last Action to Appropriations & Revenue (H)
Title AN ACT relating to property tax.
Bill Documents Bill
Impact Statements Local Mandate
Bill Request Number 81
Sponsors J. Fischer, J. Comer Jr., J. DeCesare, M. Dossett, S. Gregory, M. Harmon, S. Lee, D. Mayfield, D. Osborne, R. Quarles, S. Santoro, A. Webb-Edgington, A. Wuchner, J. York
Summary of Original Version Amend KRS 132.010 to redefine "compensating tax rate" and define "four percent (4%) rate" and "taxing district"; amend KRS 132.017 and 132.0225 to conform; amend KRS 132.023 to require all taxing districts to calculate separate real and personal property tax rates; create a new section of KRS Chapter 132 to allow a one-time adjustment in property tax rates in 2012 to align real and personal property rates; amend KRS 68.245, 157.440, 160.470, 210.480, 212.755, 65.125, 67.934, 67.938, 67A.850, 67C,125, 67C.147, 78.530, 132.012, 132.028, 160.475, and 342.240 to conform; create a new section of KRS Chapter 173 to require the Department of Libraries and Archives to calculate tax rates for library taxing districts; repeal KRS 68.248, 132.018, 132.024, 132.025, 132.027, 132.029, and 160.473; EFFECTIVE beginning January 1, 2012.
Index Headings of Original Version Cities - Property tax, revise tax calculation provisions
Counties - Property tax, revise tax calculation provisions
Taxation - Local property tax, revise tax calculation provisions
Taxation, Property - Local, revise tax calculation provisions
Local Mandate - Local property tax, revise tax calculation provisions

Actions

Top
01/04/11
  • introduced in House
01/05/11
  • to Appropriations & Revenue (H)


Last updated: 1/16/2019 3:43 PM (EST)