House Bill 168

Actions
Last Action to Appropriations & Revenue (H)
Title AN ACT relating to TVA in-lieu-of-tax payments and making an appropriation therefor.
Bill Documents Introduced
Impact Statements Fiscal Note
Local Mandate
Bill Request Number 834
Sponsors B. Rowland, M. Castlen, J. DeCesare, M. Dossett, R. Heath, R. Huff, K. Imes, M. Meredith, S. Miles, T. Moore, J. Petrie, M. Prunty, J. Richards, S. Riley, W. Stone, W. Thomas
Summary of Original Version Amend KRS 96.895 to require that a portion of the Tennessee Valley Authority (TVA) in-lieu-of-tax revenue deposited in the general fund be distributed to agencies designated by counties that have TVA property located in that county or purchase power from TVA, increasing from 0% currently to 50% or a maximum of $6,000,000.
Index Headings of Original Version Courts, Fiscal - TVA in-lieu-of-tax payments, requirement to direct to agency
Economic Development - TVA in-lieu-of-tax payments, direction to economic development activities
Local Government - TVA in-lieu-of-tax payments, direction to economic development activities
Local Mandate - TVA in-lieu-of-tax payments, direction to economic development activities
Taxation - TVA in-lieu-of-tax payments, direction to economic development activities
Taxation, Property - TVA in-lieu-of-tax payments, direction to economic development activities
Budget and Financial Administration - TVA in-lieu-of-tax payments, transfer of state general fund portion to local entities
Counties - TVA in-lieu-of-tax payments, direction to economic development activities
Local Mandate - TVA in-lieu-of-tax payments, direction to economic development activities
Fiscal Note - TVA in-lieu-of-tax payments, direction to economic development activities

Actions

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01/07/17
  • introduced in House
02/07/17
  • to Appropriations & Revenue (H)


Last updated: 1/16/2019 3:02 PM (EST)