HB162
WWW Version
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HB 162/FN/LM (BR 892) - J. DeCesare, A. Gentry, J. Greer, J. Sims Jr, J. Tipton
AN ACT relating to tax-exempt property of purely public charities and declaring an emergency.
Amend KRS 132.195 to exempt leasehold interests in property owned by a purely public charity when the property and income is used to further the purely public charity's mission; EMERGENCY.
AMENDMENTS
SCS1/LM - Amend KRS 132.195 to exempt leasehold interests in property owned by a purely public charity when the property and income is used to further the purely public charity's mission and the owners of any interest do not have a right or claim to more than $5,000 of the consideration paid to obtain the property interest or to any income derived by the purely public charity or its subsidiaries.
SCA1( D. Thayer ) - Make title amendment.
SFA1( M. Wilson ) - Remove provision that allows the bill to apply retroactively; remove the emergency clause; add that the provisions of the bill shall apply to property assessed on or after January 1, 2019; make technical change.
SFA2( M. Wilson ) - Make title amendment.
SCA1( D. Thayer ) - Make title amendment.
SFA1( M. Wilson ) - Remove provision that allows the bill to apply retroactively; remove the emergency clause; add that the provisions of the bill shall apply to property assessed on or after January 1, 2019; make technical change.
SFA2( M. Wilson ) - Make title amendment.
Jan 09, 2018 - introduced in House
Jan 11, 2018 - to Appropriations & Revenue (H)
Jan 24, 2018 - posted in committee
Jan 30, 2018 - reported favorably, 1st reading, to Calendar
Jan 31, 2018 - 2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Thursday, February 1, 2018
Feb 01, 2018 - 3rd reading, passed 87-0
Feb 02, 2018 - received in Senate
Feb 05, 2018 - to State & Local Government (S)
Mar 20, 2018 - taken from State & Local Government (S); 1st reading; returned to State & Local Government (S)
Mar 21, 2018 - reported favorably, 2nd reading, to Rules with Committee Substitute & committee amendment (1-title)
Mar 22, 2018 - floor amendments (1) and (2-title) filed