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HB 117/FN (BR 262) - L. Bechler
AN ACT relating to a district board of education's levy of an equivalent tax rate.
Amend KRS 132.017 to require a district board of education, when an equivalent tax rate of at least five cents fails to pass pursuant to an election, to levy a rate that produces no more revenue than the compensating tax rate and to wait three years before levying another equivalent tax rate of at least five cents; amend KRS 160.470 to provide an exception to conform.
Jan 03, 2018 - introduced in House
Jan 05, 2018 - to Appropriations & Revenue (H)