Last Action | 03/02/22: to State & Local Government (S) |
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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 | 1035 |
Sponsor | J. Higdon |
Summary of Original Version | Propose an amendment to Section 170 of the Constitution of Kentucky increasing the homestead exemption up to an assessed valuation of $100,000 for owners with a permanent and total 100 percent service-connected disability rating by the United States Department of Veterans Affairs; make the exemption transferrable upon death to the surviving spouse; provide for the continued biennial inflation indexing of the homestead exemption; make various typographical changes of a nonsubstantive nature; state ballot question; submit to voters. |
Index Headings of Original Version |
Local Mandate - Veterans, property tax, homestead exemption, proposed constitutional amendment Disabilities and the Disabled - Veterans, property tax, homestead exemption, proposed constitutional amendment Military Affairs and Civil Defense - Veterans, property tax, homestead exemption, proposed constitutional amendment Taxation - Property tax, homestead exemption, disabled veterans, proposed constitutional amendment Taxation, Property - Disabled veterans, homestead exemption, proposed constitutional amendment Veterans - Property tax, homestead exemption, disabled veterans, proposed constitutional amendment Constitution, Ky. - Property tax, homestead exemption, disabled veterans, proposed amendment |
03/01/22 |
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03/02/22 |
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Last updated: 2/8/2023 2:57 PM (EST)