HB 590 KY Introduced
AN ACT relating to the valuation of motor vehicles for property tax purposes and declaring an emergency.
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Summary
Amend KRS 132.4851 to exempt a portion of the property taxes assessed on motor vehicles for the January 1, 2024, and January 1, 2025, assessment dates; mandate that the Department of Revenue and county clerks work together to establish procedures for refunds; RETROACTIVE; EMERGENCY.
Sponsor (1)
- M. Dossett Republican · primary
Action history (2)
- Feb 20, 2024 introduced in House · lower
- Feb 20, 2024 to Committee on Committees (H) · lower
Subjects
County ClerksEffective Dates, EmergencyLocal MandateMotor VehiclesProperty Valuation AdministratorsRetroactive LegislationState AgenciesTaxationTaxation, Property
Text versions (1)
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