KY SB9 | 2018 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Republican 9-2)
Status: Introduced on January 2 2018 - 25% progression
Action: 2018-01-03 - 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; APPROPRIATION; EMERGENCY.

Tracking Information

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Title

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

Sponsors


History

DateChamberAction
2018-01-03Senateto Appropriations & Revenue (S)
2018-01-02Senateintroduced in Senate
2017-12-05SenatePrefiled by the sponsor(s).

Kentucky State Sources


Bill Comments

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