| Title | AN ACT relating to property taxes for veteran service organizations. |
|---|---|
| Bill Documents | Original |
| Sponsors | M. Koch |
| Summary of Original Version | Create a new section in KRS Chapter 132 to exempt veteran service organizations from ad valorem taxation if over 50 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, 2022. |
| Index Headings |
Taxation - Property tax, veteran service organization, exemption Taxation, Property - Veteran service organization, exemption Veterans - Veteran service organization, property tax exemption |
| 06/30/20 | Prefiled by the sponsor(s). |
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Last updated: 1/4/2021 4:38 PM (EST)
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