House Bill 36

Actions
Last Action 01/16/20: recommitted to Appropriations & Revenue (H)
Title AN ACT relating to property taxes for veteran service organizations.
Bill Documents Introduced
Fiscal Impact Statements Fiscal Note
Local Mandate
Bill Request Number 247
Sponsors M. Koch, J. Blanton, K. Bratcher, D. Frazier, C. Fugate, J. Glenn, J. Gooch Jr., J. Graviss, M. Hart, K. Hinkle, S. Lewis, C. Massey, B. McCool, R. Palumbo, R. Rothenburger, D. Schamore, S. Sheldon, B. Wheatley, L. Yates
Summary of Original Version Create a new section in KRS Chapter 132 to exempt veteran service organizations from ad valorem taxation if over fifty percent of the organization's annual net income is expended on behalf of veterans and other charitable causes; amend KRS 132.010 to define veteran service organization; apply to property assessed on or after January 1, 2021.
Index Headings of Original Version Fiscal Note - Property tax, veteran service organization, exemption
Local Mandate - Veteran service organization, property tax exemption
Taxation - Property tax, veteran service organization, exemption
Taxation, Property - Veteran service organization, exemption
Veterans - Veteran service organization, property tax exemption

Actions

Top
08/16/19
  • Prefiled by the sponsor(s).
01/07/20
  • introduced in House
  • to Veterans, Military Affairs, and Public Protection (H)
01/09/20
  • posted in committee
01/15/20
  • reported favorably, 1st reading, to Calendar
01/16/20
  • 2nd reading, to Rules
  • recommitted to Appropriations & Revenue (H)


Last updated: 2/24/2020 7:09 PM (EST)
To receive notice when the record is updated follow @LRCTweetBot.