HB 164 (BR 455) - J. Clarke
AN ACT proposing an amendment to the Constitution of Kentucky relating to local government finance.
Propose to repeal Section 181 of the Kentucky Constitution and enact in lieu thereof a new Section 181a granting city, county, urban-county, and charter county governments home rule authority over methods of local government finance; propose to amend Section 170 to permit any city, county, urban-county, and charter county government to exempt manufacturing establishments from taxation as an inducement to their location; propose to amend Section 171 to authorize city, county, urban-county, and charter county governments to classify property for tax assessment purposes and to delete the resulting referendum if the General Assembly imposes a lower rate of taxation on personal property than on real property; propose to amend Section 177 to prohibit granting the credit of the Commonwealth to any unit of city, county, urban-county, and charter county government or to any entity organized for private gain; propose to amend Section 178 to delete local governmental units from those for which the General Assembly may authorize incurring debt; propose to amend Section 179 to prohibit any city, county, urban-county, and charter county governmental unit from becoming a stockholder in, obtaining or appropriating money for, or loaning its credit to, any entity organized for private gain; propose to amend Section 180 to conform with provisions of proposed new Section 181a; propose to repeal Sections 157a and 182; provide that the provisions of the proposed amendment will first apply to tax assessment years beginning after December 31, 1998 if ratified; and submit to voters.
HB 164 - AMENDMENTS
HCS/LM - Retain provisions of bill as introduced, with the following changes: require that any ordinance establishing administrative procedures for the assessment and collection of taxes comply with statutory administrative procedures for the assessment and collection of equivalent state taxes; clarify that local governments are authorized to determine what classes of property are subject to taxation and to establish tax rates for each class of property.
Jan 7-introduced in House
Jan 8-to Elections and Constitutional Amendments (H)
Feb 12-posted in committee
Feb 18-reported favorably, 1st reading, to Calendar with Committee Substitute
Feb 19-2nd reading, to Rules
Feb 20-recommitted to State Government (H)
Mar 6-posted in committee
