Kentucky House Bill 707

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 19 2025 - 25% progression
Action: 2025-02-19 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]

Create a new section of KRS Chapter 65 to define terms; allow two or more local governments to form a regional industrial taxing district; establish requirements for an economic development project in a regional industrial taxing district; allow the district to levy a special ad valorem tax; allow local governments to impose an occupational license fee on businesses, trades, and professions performed, rendered, or conducted within a regional industrial taxing district; establish requirements for the occupational license fee and the revenues collected; require the establishment of a board as part of the interlocal agreement.

AN ACT relating to regional industrial taxing districts.

Rep. Deanna Frazier Gordon [R]

Date	Chamber	Action
2025-02-19	House	to Committee on Committees (H)
2025-02-19	House	introduced in House

Type	Source
Summary	https://apps.legislature.ky.gov/record/25RS/hb707.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/25RS/hb707/orig_bill.pdf