HB 317/LM (BR 1467) - J. Fischer
AN ACT relating to property tax.
Amend KRS 132.010 to change the definition of "compensating tax rate," and to add definitions for "four percent (4%) rate," and "taxing district"; amend KRS 132.017 and 132.0225 to conform; amend KRS 132.023 to require all taxing districts to calculate separate real and personal property tax rates; amend KRS 68.245, 157.440, 160.470, 210.480, 212.755, 65.125, 67.934, 67.938, 67A.850, 67C,125, 67C.147, 78.530, 132.012, 132.028, 160.475, and 342.240 to conform; create a new section of KRS Chapter 173 to require the Department of Libraries and Archives to calculate tax rates for library taxing districts; repeal KRS 68.248, 132.018, 132.024, 132.025, 132.027, 132.029, and 160.473; provide that the Act applies beginning January 1, 2014.
Feb 11-introduced in House
Feb 12-to Appropriations & Revenue (H)