00RS SB151


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SB 151 (BR 1076) - C. Borders

     AN ACT relating to school district finances.
     Amend KRS 160.470 to provide that a special election shall be held following an order by a board of education of a local school district to levy a tax rate, except as provided in this section, KRS 157.440, or 157.621, that will produce 4% more revenue over the amount of revenue produced by the compensating rate; amend KRS 132.017. 157.440, 157.621, 160.473, 160.474, and 132.018 to conform; applies for tax rates levied after January 1, 2001.

     Jan 28-introduced in Senate
     Feb 2-to Appropriations and Revenue (S)

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