House Bill 556

Actions
Last Action 03/01/18: to Appropriations & Revenue (H)
Title AN ACT relating to property valuation administrators' offices and making an appropriation therefor.
Bill Documents Introduced
Fiscal Impact Statement Fiscal Note
Bill Request Number 1467
Sponsor J. Petrie
Summary of Original Version Amend KRS 132.020 to increase state real property tax rate by 2.6 cents per $100 of assessed valuation; amend KRS 132.590 to require a special purpose governmental entity to pay to the PVA for use of the property assessment and create the PVA compensation fund; amend KRS 132.200 to include the receipts from unmined coal in the special purpose governmental entity fee; amend KRS 132.645 to conform; repeal KRS 132.635; APPROPRIATION.
Index Headings of Original Version Appropriations - PVA compensation fund, creation of
Property Valuation Administrators - Funding, state property tax rate increase, SPGE assessment usage fee, creation of
Special Purpose Governmental Entities - PVA funding, assessment usage fee, creation of
State Agencies - Department of Revenue, PVA compensation fund, administration of
Taxation - Property Tax, PVA funding, state property tax rate increase
Taxation, Property - PVA funding, state property tax rate increase
Fiscal Note - PVA funding, state property tax rate increase

Actions

Top
02/27/18
  • introduced in House
03/01/18
  • to Appropriations & Revenue (H)


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