House Bill 707

Actions
Last Action 02/19/25: to Committee on Committees (H)
Title AN ACT relating to regional industrial taxing districts.
Bill Documents Introduced
Bill Request Number 1340
Sponsor D. Gordon
Summary of Original Version Create a new section of KRS Chapter 65 to define terms; allow two or more local governments to form a regional industrial taxing district; establish requirements for an economic development project in a regional industrial taxing district; allow the district to levy a special ad valorem tax; allow local governments to impose an occupational license fee on businesses, trades, and professions performed, rendered, or conducted within a regional industrial taxing district; establish requirements for the occupational license fee and the revenues collected; require the establishment of a board as part of the interlocal agreement.
Index Headings of Original Version Economic Development - Regional industrial taxing districts, establishment
Local Government - Regional industrial taxing districts, establishment
Property - Regional industrial taxing districts, economic development projects
Taxation - Occupational license fees, special ad valorem taxes, regional industrial taxing districts
Taxation, Property - Regional industrial taxing districts, establishment
Cities - Regional industrial taxing districts, establishment
Contracts - Regional industrial taxing districts, interlocal agreement, requirements
Counties - Occupational license fees, special ad valorem taxes, regional industrial taxing districts
Interlocal Cooperation - Regional industrial taxing districts, establishment

Actions

Top
02/19/25
  • introduced in House
  • to Committee on Committees (H)


Last updated: 2/21/2025 4:29 PM (EST)