The hyperlink to a bill draft that precedes a summary contains the most recent version (Introduced/GA/Enacted) of the bill. If the session has ended, the hyperlink contains the latest version of the bill at the time of sine die adjournment. Note that the summary pertains to the bill as introduced, which is often different from the most recent version.
HB 195 (BR 937) - J. Short, C. Howard, R. Adkins, H. Collins, L. Combs, T. Couch, J. Gooch Jr., C. Harris, R. Meyer, F. Steele, T. Thompson
AN ACT relating to the property tax on unmined coal.
Amend KRS 132.820 to establish a standard value for unmined coal reserves that have not been mined during the 10-year period immediately preceding the assessment date, for purposes of the state and local property taxes on unmined coal assessed on and after January 1, 2017, setting the standard value thereof at zero unless information is available that warrants any deviation; require the Department of Revenue to publish an informational brochure explaining the basis of this tax, the valuation procedures used, and the procedure for taxpayers to follow to appeal assessments; amend KRS 131.190 to conform; make technical corrections.
Jan 07, 2016 - introduced in House
Jan 11, 2016 - to Natural Resources & Environment (H)