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House Bill 37

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Last Action to Transportation (H)
Title AN ACT relating to the valuation of motor vehicles for property tax purposes.
Bill Documents Bill
Impact Statements Local Mandate
Bill Request Number 132
Sponsor D. Floyd
Summary of Original Version Amend KRS 132.485 to clarify the standards for appraising the value of motor vehicles that are 20 years old or older for property tax purposes, by providing that no vehicle of that age shall be presumed to have been maintained or restored to either the original factory condition or any otherwise classic condition, and also by establishing the standard value of those vehicles; provide that the Act shall apply to motor vehicles assessed on or after January 1, 2016.
Index Headings of Original Version Local Mandate - Property tax appraisal standards for older motor vehicles, amend and define standard value
Motor Vehicles - Property tax appraisal standards for older motor vehicles, amend and define standard value
Property Valuation Administrators - Valuation appraisal standards for older motor vehicles, amend and define standard value
Taxation - Property tax appraisal standards for older motor vehicles, amend and define standard value
Taxation, Property - Appraisal standards for older motor vehicles, amend and define standard value

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09/12/14
  • Prefiled by the sponsor(s).
11/12/14
  • To: Interim Joint Committee on Transportation
01/06/15
  • introduced in House
  • to Transportation (H)


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