KY SB130 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 7 2017 - 25% progression, died in committee
Action: 2017-02-08 - to Appropriations & Revenue (S)
Pending: Senate Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]

Summary

Amend KRS 96.895 to require that a portion of the Tennessee Valley Authority (TVA) in-lieu-of-tax revenue deposited in the general fund be distributed to agencies designated by counties that have TVA property located in that county or purchase power from TVA, increasing from 0% currently to 50% or a maximum of $6,000,000.

Tracking Information

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Title

AN ACT relating to TVA in-lieu-of-tax payments and making an appropriation therefor.

Sponsors


History

DateChamberAction
2017-02-08Senateto Appropriations & Revenue (S)
2017-02-07Senateintroduced in Senate

Kentucky State Sources


Bill Comments

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