22RS HB 353

Actions

Last Action	01/25/22: to Committee on Committees (H)
Title	AN ACT relating to the assessment of motor vehicles for property tax purposes and declaring an emergency.
Bill Documents	Introduced
Fiscal Impact Statement	Local Mandate
Bill Request Number	1489
Sponsors	M. Dossett, A. Bowling, R. Dotson, D. Frazier Gordon, N. Kirk-McCormick
Summary of Original Version	Amend KRS 132.485 to exempt for the January 1, 2022, January 1, 2023, and January 1, 2024, assessment dates, the portion of property taxes computed on any increase in a motor vehicle's valuation from January 1, 2021; RETROACTIVE; EMERGENCY.
Index Headings of Original Version	Effective Dates, Emergency - Motor vehicle property tax exemption 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 Local Mandate - Property tax, motor vehicle, exemption