House Bill 590

Actions
Last Action 02/20/24: to Committee on Committees (H)
Title AN ACT relating to the valuation of motor vehicles for property tax purposes and declaring an emergency.
Bill Documents Introduced
Fiscal Impact Statement Local Mandate
Bill Request Number 1927
Sponsor M. Dossett
Summary of Original Version Amend KRS 132.4851 to exempt a portion of the property taxes assessed on motor vehicles for the January 1, 2024, and January 1, 2025, assessment dates; mandate that the Department of Revenue and county clerks work together to establish procedures for refunds; RETROACTIVE; EMERGENCY.
Index Headings of Original Version Local Mandate - Property tax, motor vehicle valuation, exemption
County Clerks - Motor vehicle valuation, property tax exemption, refunds
Effective Dates, Emergency - Motor vehicle valuation, property tax exemption, refunds
Motor Vehicles - Assessed valuation, property tax exemption, refunds
Property Valuation Administrators - Motor vehicle valuation, property tax exemption, refunds
State Agencies - Department of Revenue, motor vehicle valuation, property tax exemption, refunds
Taxation, Property - Motor vehicle valuation, exemption
Retroactive Legislation - Motor vehicle property tax exemption, January 1, 2024
Taxation - Property tax, motor vehicle valuation, exemption

Actions

Top
02/20/24
  • introduced in House
  • to Committee on Committees (H)


Last updated: 9/26/2024 1:37 PM (EDT)