House Bill 338

Actions | Amendments
Last Action floor amendment (1) filed
Title AN ACT relating to the property tax on unmined coal.
Bill Documents Bill
Impact Statements Local Mandate
Bill Request Number 1475
Sponsors F. Steele, S. Miles
Summary of Original Version Amend KRS 132.820 to exempt unmined coal reserves from state and local property taxation if, on January 1 of any tax year, the owner or lessee of the reserve does not hold a valid permit from both the state and federal governments to mine coal from the reserve, and does not anticipate that coal will be mined from the reserve at any point during the tax year; amend KRS 131.190 to conform; make technical corrections; EFFECTIVE for property assessed on and after January 1, 2015.
Index Headings of Original Version Minerals and Mining - Property tax on unmined coal reserves, exempt certain reserves from state and local tax
Real Estate - Property tax on unmined coal reserves, exempt certain reserves from state and local tax
Taxation - Property tax on unmined coal reserves, exempt certain reserves from state and local tax
Taxation, Property - Unmined coal reserves, exempt certain reserves from state and local tax
Coal - Property tax on unmined coal reserves, exempt certain reserves from state and local tax
Local Mandate - Unmined coal reserves, exempt certain reserves from state and local tax
Proposed Amendments House Floor Amendment 1

Actions

Top | Amendments
02/06/15
  • introduced in House
02/09/15
  • to Appropriations & Revenue (H)
03/02/15
  • floor amendment (1) filed

Proposed Amendments

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Amendment House Floor Amendment 1
Sponsor T. Couch
Summary Expand the property tax exemption established by the Act to apply to unmined coal reserves if the owner or lessee of the reserve is in bankruptcy on January 1 of the given tax year.
Index Headings Minerals and Mining - Property tax on unmined coal reserves, exempt certain reserves from state and local tax
Real Estate - Property tax on unmined coal reserves, exempt certain reserves from state and local tax
Taxation - Property tax on unmined coal reserves, exempt certain reserves from state and local tax
Taxation, Property - Unmined coal reserves, exempt certain reserves from state and local tax
Coal - Property tax on unmined coal reserves, exempt certain reserves from state and local tax
Local Mandate - Unmined coal reserves, exempt certain reserves from state and local tax

Last updated: 1/16/2019 3:10 PM (EST)