Last Action | 01/05/18: to Appropriations & Revenue (H) |
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Title | AN ACT relating to a district board of education's levy of an equivalent tax rate. |
Bill Documents | Introduced |
Fiscal Impact Statement | Fiscal Note |
Bill Request Number | 262 |
Sponsor | L. Bechler |
Summary of Original Version | Amend KRS 132.017 to require a district board of education, when an equivalent tax rate of at least five cents fails to pass pursuant to an election, to levy a rate that produces no more revenue than the compensating tax rate and to wait three years before levying another equivalent tax rate of at least five cents; amend KRS 160.470 to provide an exception to conform. |
Index Headings of Original Version |
Fiscal Note - Taxes, equivalent rate levy, restriction on Education, Finance - Taxes, equivalent rate levy, restriction on Elections and Voting - Education, equivalent tax rate levy, restriction on Taxation - Property tax, education, equivalent rate levy, restriction on Taxation, Property - Education, equivalent rate levy, restriction on |
01/03/18 |
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01/05/18 |
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Last updated: 9/1/2020 2:57 PM (EDT)
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