AN ACT relating to property taxes.
     Amend KRS 134.805 to require that if a vehicle is transferred in any year before the ad valorem taxes are paid, county clerks shall notify the owner on record as of January 1 of the payment of their pro-rata share of ad valorem tax; amend KRS 134.810 to provide that the owner on record as of January 1 shall be responsible for as many twelfths of the annual amount of tax due as there are expired months in the calendar year; provide that the new owner is responsible for the remainder; amend KRS 186.021 to provide that a person purchasing a vehicle shall pay the balance of ad valorem taxes when applying to the county clerk to transfer the registration of a motor vehicle; effective for assessments made on or after January 1, 1999.

     Feb 17-introduced in Senate
     Feb 18-to Appropriations and Revenue (S)