House Bill 699

Actions
Last Action 03/01/22: to Committee on Committees (H)
Title AN ACT relating to the property tax quarterly installment payment program.
Bill Documents Introduced
Fiscal Impact Statement Local Mandate
Bill Request Number 1530
Sponsor J. Jenkins
Summary of Original Version Create a new section of KRS Chapter 134 to establish a quarterly installment payment program for real property taxes; provide quarterly installment calculation guidelines; require specific property tax information be sent to the taxpayer through notifications or made accessible through an online system; allow administrative fee up to 3 percent; disallow 2 percent discount for early payment of taxes; prohibit collection of penalties and interest; require Department of Revenue to promulgate administrative regulations; establish penalties for noncompliance; require independent school districts and cities who uses a real property tax collector other than the sheriff to establish a quarterly installment payment program; amend KRS 134.015 to conform.
Index Headings of Original Version County Clerks - Property tax, quarterly installment payment program
Property Valuation Administrators - Property tax, quarterly installment payment program
State Agencies - Department of Revenue, property tax, quarterly installment payment program
Taxation - Property tax, quarterly installment payment program
Taxation, Property - Quarterly installment payment program
Attorney, County - Property tax, quarterly installment payment program
Cities - Property tax, quarterly installment payment program
Counties - Property tax, quarterly installment payment program
Boards and Commissions - Independent school districts, property tax, quarterly installment payment program
Local Mandate - Property tax, quarterly installment payment program

Actions

Top
03/01/22
  • introduced in House
  • to Committee on Committees (H)


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