House Bill 386

Actions
Last Action 01/27/22: to Committee on Committees (H)
Title AN ACT relating to exempting motor vehicles from property taxation and declaring an emergency.
Bill Documents Introduced
Fiscal Impact Statement Local Mandate
Bill Request Number 1496
Sponsor A. Hatton
Summary of Original Version Create a new section of KRS Chapter 132 to exempt motor vehicles from state property tax and exempt a portion of the 2022 property taxes that are greater than the taxes calculated based on the motor vehicle's 2021 standard value and property tax rates; amend KRS 134.805, 186.020, 186A.035, and 235.066 to conform; apply to motor vehicles on or after January 1, 2022; EMERGENCY.
Index Headings of Original Version Effective Dates, Emergency - Motor vehicle taxation
Local Mandate - Motor vehicle state property tax, county clerk commission, elimination, January 1, 2022
County Clerks - Motor vehicle state property tax, commission, elimination
Motor Vehicles - Property tax exemption
Taxation - Property tax, motor vehicle, exemption
Taxation, Property - Motor vehicle, exemption
Retroactive Legislation - Motor vehicle property tax, exemption, January 1, 2022
Retroactive Legislation - Motor vehicle state property tax, county clerk commission, elimination, January 1, 2022

Actions

Top
01/27/22
  • introduced in House
  • to Committee on Committees (H)


Last updated: 5/25/2022 2:58 PM (EDT)
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