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SB 41 KY
Passed Legislature

AN ACT relating to the levy of an ad valorem tax rate.

KY · session 2026RS · Senate · bill

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Introduced Jan 7, 2026

Latest action (Mar 10, 2026) to Committee on Committees (H)

Summary

Amend KRS 132.017, relating to the process for a recall of a local ad valorem tax rate, to define "school nickel tax rate"; require a petition process for recalling the levy of a school nickel tax rate; remove other taxes levied by local governmental entities from the petition process requirements; require an ad valorem tax levied by a local governmental entity and a general tax rate levied by a local board of education to be voted upon by the voters if the tax rate produces more than 4% in revenues over the revenues produced by the compensating tax rate; require the suspension of the ordinance, order, resolution, or motion levying the tax rate until after the required election; allow a local governmental entity or a local board of education to cancel a required recall election by reconsidering the levy and instead levying a tax rate that produces no more than 4% in revenues over the revenues produced by the compensating tax rate; specify ballot and public notification requirements for the election; provide that if a tax rate is recalled, the compensating tax rate shall be levied; amend KRS 68.245, 75A.050, 132.018, 132.023, 132.027, and 160.470 to conform; make technical changes; EFFECTIVE January 1, 2027.

Sponsor (1)

Action history (10)

  1. Jan 7, 2026 introduced in Senate · upper
  2. Jan 7, 2026 to Committee on Committees (S) · upper
  3. Feb 11, 2026 to Appropriations & Revenue (S) · upper
  4. Feb 25, 2026 reported favorably, 1st reading, to Calendar · upper
  5. Feb 26, 2026 2nd reading, to Rules · upper
  6. Mar 4, 2026 posted for passage in the Regular Orders of the Day for Friday, March 06 2026 · upper
  7. Mar 6, 2026 passed over and retained in the Orders of the Day · upper
  8. Mar 9, 2026 3rd reading, passed 26-9 · upper
  9. Mar 10, 2026 received in House · lower
  10. Mar 10, 2026 to Committee on Committees (H) · lower
Subjects
CitiesCountiesCounty ClerksEducation, Elementary And SecondaryEducation, FinanceEffective Dates, DelayedElections And VotingFiscal NoteLocal GovernmentLocal MandatePropertySpecial DistrictsSpecial Purpose Governmental EntitiesTaxationTaxation, Property

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