KY HB14 | 2021 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Republican 31-9)
Status: Introduced on January 5 2021 - 25% progression, died in committee
Action: 2021-02-04 - posted in committee
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 5 2021 - 25% progression, died in committee
Action: 2021-02-04 - posted in committee
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Create a new section in KRS Chapter 132 to exempt veteran service organizations from ad valorem taxation if over 50 percent of the organization's annual net income is expended on behalf of veterans and other charitable causes; amend KRS 132.010 to define "veteran service organization"; apply to property assessed on or after January 1, 2022.
Title
AN ACT relating to property taxes for veteran service organizations.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-02-04 | House | posted in committee |
| 2021-02-04 | House | recommitted to Appropriations & Revenue (H) |
| 2021-02-04 | House | 2nd reading, to Rules |
| 2021-02-03 | House | reported favorably, 1st reading, to Calendar with Committee Substitute |
| 2021-02-02 | House | posted in committee |
| 2021-01-13 | House | to Veterans, Military Affairs, and Public Protection (H) |
| 2021-01-05 | House | to Committee on Committees (H) |
| 2021-01-05 | House | introduced in House |
| 2020-06-30 | House | Prefiled by the sponsor(s). |
