25RS HB 604

House Bill 604

Actions

Last Action	02/18/25: to Committee on Committees (H)
Title	AN ACT relating to property tax rates for emergency services.
Bill Documents	Introduced
Fiscal Impact Statement	Local Mandate
Bill Request Number	1001
Sponsors	M. Hart, J. Decker
Summary of Original Version	Amend KRS 75.040 to increase the maximum property tax rate that can be levied by a fire protection district or a volunteer fire department district; limit any increase in the total tax levy beyond the initially approved levy to two cents per $100 of assessed valuation a year; require a public hearing and notification to the public for rate levy; exempt the rates from the provisions of KRS 132.023; amend KRS 75A.050 to increase the maximum property tax rate that can be levied by a district that provides fire services, emergency medical services, and rescue services; limit any increase in the total tax levy beyond the initially approved levy to two cents per $100 of assessed valuation a year; require a public hearing and notification to the public for rate levy; exempt tax increases from the provisions of KRS 132.023; EFFECTIVE January 1, 2026.
Index Headings of Original Version	Effective Dates, Delayed - Property tax, emergency services, rate increase, January 1, 2026 Firefighters and Fire Departments - Property tax, rate increases Local Government - Property tax, emergency services, rate increases Special Districts - Property tax, emergency services, rate increases Taxation - Property tax, emergency services, rate increases Taxation, Property - Emergency services, rate increases Counties - Property tax, emergency services, rate increases Special Purpose Governmental Entities - Property tax, emergency services, rate increases Local Mandate - Property tax, emergency services, rate increases