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Senate Bill 41

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Last Action 03/10/26: to Committee on Committees (H)
Title AN ACT relating to the levy of an ad valorem tax rate.
Bill Documents Current/Final
Introduced
Fiscal Impact Statements Fiscal Note
Local Mandate
Bill Request Number 128
Sponsor G. Boswell
Summary of Original Version Amend KRS 132.017, relating to the process for a recall of a local ad valorem tax rate, to define "school nickel tax rate"; require a petition process for recalling the levy of a school nickel tax rate; remove other taxes levied by local governmental entities from the petition process requirements; require an ad valorem tax levied by a local governmental entity and a general tax rate levied by a local board of education to be voted upon by the voters if the tax rate produces more than 4% in revenues over the revenues produced by the compensating tax rate; require the suspension of the ordinance, order, resolution, or motion levying the tax rate until after the required election; allow a local governmental entity or a local board of education to cancel a required recall election by reconsidering the levy and instead levying a tax rate that produces no more than 4% in revenues over the revenues produced by the compensating tax rate; specify ballot and public notification requirements for the election; provide that if a tax rate is recalled, the compensating tax rate shall be levied; amend KRS 68.245, 75A.050, 132.018, 132.023, 132.027, and 160.470 to conform; make technical changes; EFFECTIVE January 1, 2027.
Index Headings of Original Version Fiscal Note - Property tax rate levy, recall process
Cities - Property tax rate levy, recall process
Counties - Property tax rate levy, recall process
County Clerks - Property tax rate levy, recall process
Education, Elementary And Secondary - General tax rate levy, recall process
Education, Finance - General tax rate levy, recall process
Education, Finance - School nickel tax rate, petition process requirements, recall process
Effective Dates, Delayed - Property tax, tax rate levy, recall process, January 1, 2027
Elections And Voting - Property tax rate levy, recall process
Local Government - Property tax rate levy, recall process
Local Mandate - Tax rate levy, recall process
Property - Tax rate levy, recall process
Special Districts - Property tax rate levy, recall process
Special Purpose Governmental Entities - Property tax rate levy, recall process
Taxation - Property tax, tax rate levy, recall process
Taxation, Property - Tax rate levy, recall process
Votes Vote History

Actions

Top
01/07/26
  • introduced in Senate
  • to Committee on Committees (S)
02/11/26
  • to Appropriations & Revenue (S)
02/25/26
  • reported favorably, 1st reading, to Calendar
02/26/26
  • 2nd reading, to Rules
03/04/26
  • posted for passage in the Regular Orders of the Day for Friday, March 06 2026
03/06/26
  • passed over and retained in the Orders of the Day
03/09/26
  • 3rd reading, passed 26-9
03/10/26
  • received in House
  • to Committee on Committees (H)


Last updated: 4/20/2026 5:04 PM (EDT)