25RS HB 158

House Bill 158

Actions

Last Action	01/09/25: to Committee on Committees (H)
Title	AN ACT proposing to create a new section of the Constitution of Kentucky relating to property exempt from taxation.
Bill Documents	Introduced
Fiscal Impact Statement	Local Mandate
Bill Request Number	114
Sponsor	R. White
Summary of Original Version	Propose to create a new section of the Constitution of Kentucky to exempt from taxation a portion of the assessed value of real property maintained as the permanent residence of an owner who is a veteran or first responder; require an owner's disability status to meet the same disability requirements under Section 170 of the Constitution of Kentucky; allow real property maintained as the permanent residence of the surviving spouse of a veteran or first responder to receive an exemption based on the qualifiers of the veteran or first responder prior to his or her death; allow the General Assembly to set qualification requirements by law; prohibit a property from receiving more than one exemption under this new section of the Constitution of Kentucky; allow the exemption to be in addition to the exemption provided in Section 170 of the Constitution of Kentucky; provide that the exemptions supersede contrary provisions of Sections 171, 172, and 174 of the Constitution of Kentucky; apply the exemptions to property assessed on or after January 1, 2027; provide ballot language; submit to voters for ratification or rejection.
Index Headings of Original Version	County Clerks - Constitutional amendment, property tax exemption, veterans and first responders, ballot language Disabilities and the Disabled - Veterans and first responders, property tax exemption, proposed constitutional amendment Elections and Voting - Constitutional amendment, property tax exemption, veterans and first responders, ballot language Emergency Medical Services - Property tax exemption, primary residence, proposed constitutional amendment Firefighters and Fire Departments - Property tax exemption, primary residence, proposed constitutional amendment Police, City and County - Property tax exemption, primary residence, proposed constitutional amendment Police, State - Property tax exemption, primary residence, proposed constitutional amendment Property - Property tax exemption, primary residence, proposed constitutional amendment Property Valuation Administrators - Constitutional amendment, property tax exemption, veterans and first responders Secretary of State - Constitutional amendment, property tax exemption, veterans and first responders, ballot language Taxation - Property tax, exemption, veterans and first responders, proposed constitutional amendment Taxation, Property - Veterans and first responders, primary residence, exemption, proposed constitutional amendment Veterans - Property tax exemption, primary residence, proposed constitutional amendment Constitution, Ky. - Property tax, exemption, veterans and first responders, proposed constitutional amendment Local Mandate - Constitutional amendment, property tax exemption, veterans and first responders, ballot language