Top Legislation - View All
Latest Action: 04/11/2008 - Signed by Governor Bill Text
Amend KRS 132.200 to clarify the local property tax exemption for radio and television equipment and to exempt broadcast towers and weather equipment; apply to assessments made on and after January 1, 2009.
Latest Action: 01/14/2008 - To Appropriations & Revenue (S) Bill Text
Amend KRS 132.200 to exempt federally documented vessels from local property tax; effective January 1, 2009.
Latest Action: 01/24/2008 - To Appropriations & Revenue (H) Bill Text
Create a special subcommittee of the Legislative Research Commission to study the homestead exemption and to make recommendations.
Latest Action: 01/11/2008 - To Elections, Const. Amendments & Intergovernmental Affairs (H) Bill Text
Propose to amend Section 170 of the Constitution of Kentucky to increase the homestead property tax exemption to $65,000; provide that the amendment will be submitted to the voters for ratification or rejection.
Latest Action: 01/10/2008 - To Appropriations & Revenue (H) Bill TextCreate various new sections of KRS Chapter 141 to establish a nonrefundable educational scholarship tax credit program for corporations, limited liability pass-through entities, estates, trusts, or fiduciaries that contribute to scholarship organizations that provide educational scholarships to eligible students, establish a family education tax credit program for individuals who directly pay for tuition and other educational expenses of eligible students who are dependents of the individual; define terms; establish maximum credit amounts; direct the Department of Revenue to promulgate regulations and publish lists; amend KRS 141.010 to exempt amounts received as scholarship grants from "adjusted gross income"; amend KRS 141.0205 to establish the order in which the nonrefundable family education tax credit and the educational scholarship tax credit is applied against tax imposed by KRS 141.020,141.040, and 141.0401; apply the credit beginning with the 2008 tax year; and create a new section [...] show full description
Also tagged in: Counties, Counties, County Clerks, Deeds and Conveyances, Effective Dates, Delayed, Fiscal Note, Local Government, Local Mandate, Property, Property Valuation Administrators, Real Estate, Real Estate, Taxation
Latest Action: 04/24/2008 - Signed by Governor (Acts Ch. 143) Bill Text
Amend KRS 132.480 to require the property valuation administrator to update his or her address records to capture the in-care-of address; amend KRS 133.220 to require the property valuation administrator to consider the in-care-of address when notices are returned as undeliverable; and amend KRS 382.135 to require that a deed to real property include a statement indicating the in-care-of address to which the property tax bill may be sent.
Latest Action: 02/25/2008 - To Appropriations & Revenue (S) Bill Text
Create a new section of KRS Chapter 132 to create the Property Valuation Administrators Advisory Committee; require the committee to be attached to and staffed by the Kentucky Department of Revenue; identify committee membership; make appointments for two years; list the duties of the advisory committee.
Also tagged in: Cities, Cities, Consolidated Local Governments, Counties, Counties, Counties, Urban, Education, Elementary and Secondary, Fees, Fiscal Note, Local Government, Local Mandate, Special Districts, Taxation, Taxation, Title Amendments
Latest Action: 03/27/2008 - Floor amendments (1-title) and (2) filed Bill Text
Create a new section of KRS Chapter 133 to define threshold amount and permit county clerks to elect not to prepare property tax bills below the threshold amount; amend KRS 91A.070 to permit cities to elect not to prepare property tax bills below the threshold amount.
Latest Action: 03/13/2008 - To Appropriations & Revenue (S) Bill Text
Create a new section of KRS Chapter 75 to establish procedures for one requesting a tax increase beyond $.10 per $100; require local legislative approval of levy increase and time frame for request; set forth limits for each individual increase; establish a cap of $.20 per $100 valuation for tax.
Latest Action: 02/21/2008 - To Appropriations & Revenue (H) Bill Text
Amend KRS 134.450 to reduce the level at which the Finance and Administration Cabinet must purchase delinquent tax claims from 10% to 5% and to require the Finance and Administration to contract with the county attorney to collect the claims in those counties where the Department of Revenue has contracted with the county attorney; amend KRS 134.480 to clarify that certificates owned by the Finance and Administration Cabinet can be purchased at the county clerk's office; amend KRS 42.500 to increase the cap on certificates of delinquency held by the Finance and Administration Cabinet from $25 million to $50 million.
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Latest Legislation - View All
Latest Action: 03/21/2008 - Posted in committee Bill Text
Create new sections of KRS Chapter 75 to allow two or more cities to form municipal fire protection districts with optional ambulance service; require cities to memorialize certain requirements by interlocal agreement including initial operations funding; allow ad valorem tax levy for continued operation of district; identify powers and duties for district board of trustees, including budget approval, submission, financial reporting and auditing of funds; provide for district firefighter participation in professional firefighter foundation program fund
Latest Action: 04/11/2008 - Signed by Governor Bill Text
Amend KRS 157.621 to include authorization for the growth nickel that was originally authorized by the 2003 budget; provide that levy of the growth nickels are not subject to recall or voter approval; include equalization funding for the growth nickel authorized under KRS 157.621, as well as equalization funding originally included in the 2005 and 2006 budgets; include noncodified language expressing the intent of the General Assembly to affirm actions taken in the 2003, 2005, and 2006 budget bills.
Latest Action: 03/05/2008 - To Local Government (H) Bill TextAmend KRS 134.010 to define "certificate of delinquency" and to amend the definition of "taxpayer"; amend KRS 134.430 to delete the requirement that sheriffs advertise delinquent property tax bills for sale and to make technical and conforming changes; amend KRS 134.450 to delete the sheriff sale of delinquent property tax bills, to require the sheriff to file all unpaid tax claims with the county clerk by March 31 under a regular tax schedule, or within 90 days after the due date under an alternative collection schedule, and to allow collection of the 10 percent fee for sheriffs for tax claims filed with the clerk; amend KRS 134.480 to address multiple purchase offers for the same certificate of delinquency; amend KRS 134.325 to conform; amend KRS 134.520 to allow for the refund of amounts paid by a private purchaser for a certificate of delinquency that is unenforceable on the date purchased; repeal KRS 134.440, provide that the Act is effective for tax periods on or after January 1, [...] show full description
Latest Action: 03/04/2008 - To Appropriations & Revenue (H) Bill Text
Amend KRS 132.200 to exempt personal aircraft from local property tax; provide that the Act takes effect on January 1, 2009.
Latest Action: 03/04/2008 - To Appropriations & Revenue (H) Bill Text
Amend KRS 134.452 to reduce the pre litigation attorneys fees that a private purchaser of a certificate of delinquency may collect and to require notice to be sent to both the taxpayer and property owner; amend KRS 134.490 to require notice to be sent to both the taxpayer and the owner of the property; provide that the Act applies to certificates of delinquency purchased on or after January 1, 2009.
Latest Action: 03/04/2008 - To Appropriations & Revenue (H) Bill Text
Amend KRS 134.290 to provide for a fee to be used to fund county property valuation administrators; amend KRS 132.010 to include the fee in the calculation of the compensating tax rate; amend KRS 132.020 to include the fee in the calculation of the state tax rate; provide that provisions apply to assessments on or after January 1, 2009.
Also tagged in: Effective Dates, Emergency, Fiscal Note, Property Valuation Administrators, Taxation, Taxation, Income--Corporate, Taxation, Income--Individual, Taxation, Inheritance and Estate, Taxation, Sales and Use, Taxation, Severance, Title Amendments Latest Action: 03/21/2008 - Posted in committee Bill Text
Amend KRS 131.183 changing the interest rate accrued on taxes payable to the prime rate plus 2%; change the interest rate on overpayments to the Commonwealth to the prime minus 2%; apply to bills and refunds as of May 1, 2008; EMERGENCY.
Latest Action: 03/05/2008 - To Appropriations & Revenue (S) Bill Text
Amend KRS 134.452 to reduce the pre litigation attorneys fees that a private purchaser of a certificate of delinquency may collect and to require notice to be sent to both the taxpayer and property owner; amend KRS 134.490 to require notice to be sent to both the taxpayer and the owner of the property; provide that the Act applies to certificates of delinquency purchased on or after January 1, 2009.
Latest Action: 03/18/2008 - To State & Local Government (S) Bill Text
Direct the Legislative Research Commission to conduct a review of the staffing levels of the Property Valuation Administrators' offices.
Latest Action: 02/21/2008 - To Appropriations & Revenue (H) Bill Text
Amend KRS 134.450 to reduce the level at which the Finance and Administration Cabinet must purchase delinquent tax claims from 10% to 5% and to require the Finance and Administration to contract with the county attorney to collect the claims in those counties where the Department of Revenue has contracted with the county attorney; amend KRS 134.480 to clarify that certificates owned by the Finance and Administration Cabinet can be purchased at the county clerk's office; amend KRS 42.500 to increase the cap on certificates of delinquency held by the Finance and Administration Cabinet from $25 million to $50 million.
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