Senate Bill 40

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Last Action to State & Local Government (S)
Title AN ACT proposing an amendment to Section 170 of the Constitution of Kentucky relating to property exempt from taxation.
Bill Documents Introduced
Impact Statements Fiscal Note
Local Mandate
Bill Request Number 361
Sponsors A. Kerr, D. Harper Angel, D. Parrett, R. Thomas, W. Westerfield
Summary of Original Version Propose an amendment to Section 170 of the Constitution of Kentucky increasing the homestead exemption from the current inflation-adjusted amount of $37,600 to the full assessed value of the property for owners with a permanent and total one hundred percent service-connected disability rating by the United States Department of Veterans Affairs; make the exemption transferrable upon the veteran's death to the surviving spouse; add the continued biennial inflation indexing of the homestead exemption amount; make various typographical changes of a nonsubstantive nature; state ballot question; submit to voters.
Index Headings of Original Version Local Mandate - Property tax, homestead exemption, disabled veterans, proposed constitutional amendment
Fiscal Note - Property tax, homestead exemption, disabled veterans, proposed constitutional amendment
Constitution, Ky. - Property tax, homestead exemption, disabled veterans, proposed amendment
Disabilities and the Disabled - Veterans, property tax, homestead exemption, proposed constitutional amendment
Taxation - Property tax, homestead exemption, disabled veterans, proposed constitutional amendment
Taxation, Property - Disabled veterans, homestead exemption, proposed constitutional amendment
Veterans - Property tax, homestead exemption, disabled veterans, proposed constitutional amendment
Local Mandate - Property tax, homestead exemption, disabled veterans, proposed constitutional amendment

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01/02/18
  • introduced in Senate
01/03/18
  • to State & Local Government (S)


Last updated: 1/16/2019 3:00 PM (EST)