26RS HB 587

House Bill 587

Actions

Last Action	02/06/26: to Committee on Committees (H)
Title	AN ACT proposing to create a new section of the Constitution of Kentucky relating to exempting property from taxation.
Bill Documents	Introduced
Fiscal Impact Statement	Local Mandate
Bill Request Number	2021
Sponsor	A. Moore
Summary of Original Version	Propose to create a new section of the Constitution of Kentucky to allow the General Assembly to provide by law a property tax exemption for the permanent residence of an owner who is a veteran with a service-connected disability; require the law to specify the amount of the exemption, the qualifications for claiming the exemption, and whether the exemption transfers to the veteran's surviving spouse; prohibit more than 1 exemption per permanent residence; disallow the exemption to be combined with an exemption under Section 170 of the Constitution of Kentucky; provide ballot language; submit to voters for ratification or rejection.
Index Headings of Original Version	Constitution, Ky. - Property tax, homestead exemption, disabled veterans, proposed constitutional amendment County Clerks - Constitutional amendment, property tax homestead exemption, ballot language Disabilities - Veterans, property tax homestead exemption, proposed constitutional amendment Elections And Voting - Constitutional amendment, property tax homestead exemption, ballot language General Assembly - Property tax homestead exemption, disabled veterans, proposed constitutional amendment Secretary Of State - Constitutional amendment, property tax homestead exemption, ballot language Taxation - Property tax, homestead exemption, disabled veterans, proposed constitutional amendment Taxation, Property - Homestead exemption, disabled veterans, proposed constitutional amendment Veterans - Proposed constitutional amendment, property tax homestead exemption Local Mandate - Property tax, homestead exemption, disabled veterans, proposed constitutional amendment