Last Action | 02/06/19: to Appropriations & Revenue (H) |
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Title | AN ACT relating to exempting property used in the deployment of advanced broadband technologies from state and local ad valorem taxation and declaring an emergency. |
Bill Documents | Introduced |
Fiscal Impact Statements |
Fiscal Note
Local Mandate |
Bill Request Number | 1175 |
Sponsor | M. Hart |
Summary of Original Version | Create a new section of KRS Chapter 132 to exempt property used in the deployment of advanced broadband technologies from state and local ad valorem tax for tax years beginning on or after January 1, 2019, but prior to January 1, 2023; add a purpose statement; require reporting by the taxpayer and the Department of Revenue; amend KRS 132.010 to define property used in the deployment of advanced broadband technologies; amend KRS 131.190 to allow reporting by the Department of Revenue to the Legislative Research Commission; EMERGENCY. |
Index Headings of Original Version |
Effective Dates, Emergency - Property used in the deployment of advanced broadband technologies, property tax, exemption of Taxation - Property tax, property used in the deployment of advanced broadband technologies, exemption of Taxation, Property - Property used in the deployment of advanced broadband technologies, exemption of Television and Radio - Property used in the deployment of advanced broadband technologies, property tax exemption Telecommunications - Property used in the deployment of advanced broadband technologies, property tax exemption Reports Mandated - Property used in the deployment of advanced broadband technologies; annual report Technology - Property used in the deployment of advanced broadband technologies, property tax exemption Local Mandate - Property used in the deployment of advanced broadband technologies, property tax exemption Fiscal Note - Property used in the deployment of advanced broadband technologies, property tax exemption |
02/05/19 |
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02/06/19 |
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Last updated: 11/9/2023 3:07 PM (EST)