KY SB23 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Republican 6-0)
Status: Engrossed on February 13 2024 - 50% progression, died in committee
Action: 2024-03-07 - to Elections, Const. Amendments & Intergovernmental Affairs (H)
Pending: House Elections, Const. Amendments & Intergovernmental Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Propose to amend Section 170 of the Constitution of Kentucky to include in the homestead exemption for owners who are 65 years of age or older any increase in the valuation of the real property that is assessed after the later of the year the owner turned 65 or the year the owner purchased the property; apply the exemption to increases in valuation that occur after the date the amendment is ratified by the voters; provide ballot language; submit to voters for ratification or rejection.

Tracking Information

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Title

AN ACT proposing to create a new section of the Constitution of Kentucky relating to property exempt from taxation.

Sponsors


Roll Calls

2024-02-12 - Senate - Senate: Third Reading W/sfa2 sfta1 RSN# 2902 (Y: 32 N: 2 NV: 1 Abs: 3) [PASS]

History

DateChamberAction
2024-03-07Houseto Elections, Const. Amendments & Intergovernmental Affairs (H)
2024-02-13Houseto Committee on Committees (H)
2024-02-13Housereceived in House
2024-02-12Senate3rd reading, passed 32-2-1 with Floor Amendment (2) and Floor Amendment (1-title)
2024-02-09Senateposted for passage in the Regular Orders of the Day for Monday, February 12, 2024
2024-01-31Senatefloor amendments (1-title) and (2) filed
2024-01-25Senate2nd reading, to Rules
2024-01-24Senatereported favorably, 1st reading, to Calendar
2024-01-03Senateto State & Local Government (S)
2024-01-02Senateto Committee on Committees (S)
2024-01-02Senateintroduced in Senate

Subjects


Kentucky State Sources


Bill Comments

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