| Last Action | 02/26/25: to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to regional industrial taxing districts. |
| Bill Documents | Introduced |
| Fiscal Impact Statement | Fiscal Note |
| 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 |
Interlocal Cooperation - Regional industrial taxing districts, establishment Fiscal Note - Occupational license fees, special ad valorem taxes, regional industrial taxing districts 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 |
| 02/19/25 |
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| 02/26/25 |
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Last updated: 3/31/2025 10:56 AM (EDT)