HB 580 (BR 1962) - R. Wilkey
AN ACT relating to property tax.
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.
Feb 19-introduced in House
Feb 21-to Appropriations & Revenue (H)