HB 447 KY Introduced
AN ACT relating to property taxation.
A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →
Summary
Amend KRS 132.020 and 132.200 to exclude aircraft not used in the business of transporting persons or property for compensation or hire from tangible property tax state and local rates; create a new section of KRS 132 to exempt aircraft not used in the business of transporting persons or property for compensation or hire; apply to property assessed on or after January 1, 2023.
Sponsors (6)
- J. Dixon · primary
- D. Fister Republican · primary
- DJ Johnson Republican · primary
- W. Lawrence Republican · primary
- C. Massey · primary
- S. Sharp Republican · primary
Action history (7)
- Feb 2, 2022 introduced in House · lower
- Feb 2, 2022 to Committee on Committees (H) · lower
- Feb 11, 2022 to Transportation (H) · lower
- Feb 17, 2022 reassigned to Appropriations & Revenue (H) · lower
- Mar 14, 2022 taken from Appropriations & Revenue (H) · lower
- Mar 14, 2022 1st reading · lower
- Mar 14, 2022 returned to Appropriations & Revenue (H) · lower
Subjects
Aeronautics and AviationFiscal NoteLocal MandateTaxationTaxation, Property
Text versions (1)
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