| Last Action | 02/08/22: to State & Local Government (S) |
|---|---|
| Title | AN ACT proposing an amendment to Section 170 of the Constitution of Kentucky relating to property exempt from taxation. |
| Bill Documents | Introduced |
| Fiscal Impact Statement | Local Mandate |
| Bill Request Number | 1652 |
| Sponsors | M. Nemes, R. Alvarado, A. Kerr, S. Meredith, J. Turner, P. Wheeler, D. Yates |
| Summary of Original Version | Propose to amend Section 170 of the Constitution of Kentucky to include in the homestead exemption for owners who are 65 years of age or older any increase in ad valorem taxes that are assessed after the latter of the year the owner turned 65, the year the owner purchased the property, or the date the amendment was ratified by the voters; add the continued biennial inflation indexing of the homestead exemption amount; make nonsubstantive technical corrections; provide ballot language; submit to voters for ratification or rejection. |
| Index Headings of Original Version |
County Clerks - Constitutional amendment, homestead exemption for owners 65 or older, ballot language Secretary of State - Constitutional amendment, homestead exemption for owners 65 or older, ballot language Elections and Voting - Constitutional amendment, homestead exemption for owners 65 or older, ballot language Local Mandate - Property tax, homestead exemption, owners who are 65 or older, proposed constitutional amendment Taxation - Property tax, homestead exemption, owners who are 65 or older, proposed constitutional amendment Taxation, Property - Homestead exemption, owners who are 65 or older, proposed constitutional amendment Aged Persons and Aging - Property tax, homestead exemption, owners who are 65 or older, proposed constitutional amendment Constitution, Ky. - Property tax, homestead exemption, owners who are 65 or older, proposed constitutional amendment |
| 02/07/22 |
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| 02/08/22 |
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Last updated: 2/8/2023 2:57 PM (EST)