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HB 447 KY
Introduced

AN ACT relating to property taxation.

KY · session 2022RS · Assembly / House · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Feb 2, 2022

Latest action (Mar 14, 2022) returned to Appropriations & Revenue (H)

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)

Action history (7)

  1. Feb 2, 2022 introduced in House · lower
  2. Feb 2, 2022 to Committee on Committees (H) · lower
  3. Feb 11, 2022 to Transportation (H) · lower
  4. Feb 17, 2022 reassigned to Appropriations & Revenue (H) · lower
  5. Mar 14, 2022 taken from Appropriations & Revenue (H) · lower
  6. Mar 14, 2022 1st reading · lower
  7. Mar 14, 2022 returned to Appropriations & Revenue (H) · lower
Subjects
Aeronautics and AviationFiscal NoteLocal MandateTaxationTaxation, Property

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced · PDF

Full text

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