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House Bill 114

Actions | Amendments
Last Action 04/10/18: signed by Governor (Acts, ch. 129)
Title AN ACT relating to TVA in-lieu-of-tax payments, making an appropriation therefor, and declaring an emergency.
Bill Documents Current/Final
Introduced
Fiscal Impact Statements Fiscal Note
Local Mandate
Additional Fiscal Impact Statements Exist
Bill Request Number 366
Sponsors B. Rowland, L. Bechler, J. Carney, M. Castlen, W. Coursey, J. DeCesare, M. Dossett, J. Gooch Jr., R. Heath, J. Hoover, K. Imes, M. Meredith, S. Miles, R. Mills, R. Nelson, J. Petrie, M. Prunty, J. Richards, S. Riley, W. Stone, W. Thomas, K. Upchurch
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 zero percent currently to 50 percent or a maximum of $6,000,000; APPROPRIATION; EMERGENCY.
Index Headings of Original Version Fiscal Note - 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
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
Appropriations - 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
Local Mandate - TVA in-lieu-of-tax payments, direction to economic development activities
Effective Dates, Emergency - TVA in-lieu-of-tax payments, direction to economic development activities
Jump to Proposed Amendments House Committee Substitute 1 with Fiscal Impact Statements
Votes Vote History

Actions

Top | Amendments
01/03/18
  • introduced in House
01/05/18
  • to Appropriations & Revenue (H)
03/08/18
  • posted in committee
03/13/18
  • reported favorably, 1st reading, to Calendar with Committee Substitute
03/14/18
  • 2nd reading, to Rules
  • posted for passage in the Regular Orders of the Day for Thursday, March 15, 2018
03/15/18
  • 3rd reading, passed 82-3 with Committee Substitute (1)
03/16/18
  • received in Senate
03/19/18
  • to Appropriations & Revenue (S)
03/20/18
  • taken from Appropriations & Revenue (S)
  • 1st reading
  • returned to Appropriations & Revenue (S)
03/21/18
  • taken from Appropriations & Revenue (S)
  • 2nd reading
  • returned to Appropriations & Revenue (S)
03/27/18
  • reported favorably, to Rules
03/29/18
  • posted for passage in the Regular Orders of the Day for Thursday, March 29, 2018
  • 3rd reading, passed 36-0
  • received in House
  • enrolled, signed by Speaker of the House
  • enrolled, signed by President of the Senate
  • delivered to Governor
04/10/18
  • signed by Governor (Acts, ch. 129)

Proposed Amendments

Top | Actions
Amendment House Committee Substitute 1
Fiscal Impact Statement Local Mandate to House Committee Substitute 1
Summary 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; APPROPRIATION; EMERGENCY.
Index Headings Appropriations - 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
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
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

Last updated: 9/1/2020 2:57 PM (EDT)
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