Kentucky Senate Bill 31 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 5 2021 - 25% progression, died in committee
Action: 2021-01-05 - to Committee on Committees (S)
Pending: Senate Committee on Committees Committee
Text: Latest bill text (Introduced) [PDF]

Propose to amend Section 170 of the Constitution of Kentucky to include in the homestead exemption for owners who are sixty-five years of age or older any increase in ad valorem taxes that are assessed after the latter of the year the owner turned sixty-five, the year the owner purchased the property, or the date this provision was ratified by the voters; add the continued biennial inflation indexing of the homestead exemption amount; make various typographical changes of a nonsubstantive nature; provide ballot language; submit to voters for ratification or rejection; apply to property assessed on and after the January 1st immediately following the date of ratification.

AN ACT proposing an amendment to Section 170 of the Constitution of Kentucky relating to property exempt from taxation.

Sen. Mike Nemes [R]

Date	Chamber	Action
2021-01-05	Senate	to Committee on Committees (S)
2021-01-05	Senate	introduced in Senate
2020-08-25	Senate	Prefiled by the sponsor(s).

Type	Source
Summary	https://apps.legislature.ky.gov/record/21RS/sb31.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/21RS/sb31/orig_bill.pdf
Supplement	https://apps.legislature.ky.gov/recorddocuments/note/21RS/sb31/LM.pdf