KY HB48 | 2012 | Regular Session

Status

Spectrum: Partisan Bill (Republican 6-0)
Status: Introduced on January 3 2012 - 25% progression, died in committee
Action: 2012-01-03 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]

Summary

Amend KRS 132.010 to change the definition of "compensating tax rate", and to add definitions for "Four (4%) rate", and "Taxing district"; amend KRS 132.017 and 132.0225 to conform; amend KRS 132.023 to require all taxing districts to calculate separate real and personal property tax rates; amend KRS 68.245, 157.440, 160.470, 210.480, 212.755, 65.125, 67.934, 67.938, 67A.850, 67C,125, 67C.147, 78.530, 132.012, 132.028, and 342.240 to conform; create a new section of KRS Chapter 173 to require the Department of Libraries and Archives to calculate tax rates for library taxing districts; repeal KRS 132.018, 132.024, 132.025, 132.029, 68.248 and 160.473; provide that the Act applies beginning January 1, 2013.

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Title

AN ACT relating to property tax.

Sponsors


History

DateChamberAction
2012-01-03 to Appropriations & Revenue (H)
2012-01-03 introduced in House
2012-10-05 To: Interim Joint Committee on Appropriations and Revenue

Kentucky State Sources


Bill Comments

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