House Bill 447

Actions
Last Action 03/14/22: returned to Appropriations & Revenue (H)
Title AN ACT relating to property taxation.
Bill Documents Introduced
Fiscal Impact Statements Fiscal Note
Local Mandate
Bill Request Number 1283
Sponsors J. Dixon, D. Fister, DJ Johnson, W. Lawrence, C. Massey, S. Sharp
Summary of Original Version Amend KRS 132.020 and 132.200 to exclude aircraft not used in the business of transporting persons or property for compensation or hire from tangible property tax state and local rates; create a new section of KRS 132 to exempt aircraft not used in the business of transporting persons or property for compensation or hire; apply to property assessed on or after January 1, 2023.
Index Headings of Original Version Taxation - Property, state and local ad valorem, personal aircraft, exemption
Taxation, Property - Personal aircraft, exemption
Aeronautics and Aviation - State and local ad valorem tax, personal aircraft, exemption
Local Mandate - Property, state and local ad valorem, personal aircraft, exemption
Fiscal Note - Property, state and local ad valorem, tax, exemption

Actions

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02/02/22
  • introduced in House
  • to Committee on Committees (H)
02/11/22
  • to Transportation (H)
02/17/22
  • reassigned to Appropriations & Revenue (H)
03/14/22
  • taken from Appropriations & Revenue (H)
  • 1st reading
  • returned to Appropriations & Revenue (H)


Last updated: 2/8/2023 2:57 PM (EST)