SB 21 KY Introduced
AN ACT relating to taxation and declaring an emergency.
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Summary
Amend KRS 132.810 to remove the requirement that totally disabled persons filing for the homestead exemption apply annually and only require a person to reapply if the disability status of the person changes; create a new section of KRS Chapter 140 to sunset inheritance and estate taxes; repeal KRS 140.130 and 140.140 to conform; EMERGENCY.
Sponsors (3)
- M. Deneen Republican · primary
- S. Meredith Republican · primary
- L. Tichenor Republican · primary
Action history (3)
- Jan 2, 2024 introduced in Senate · upper
- Jan 2, 2024 to Committee on Committees (S) · upper
- Jan 3, 2024 to Appropriations & Revenue (S) · upper
Subjects
Disabilities and the DisabledEffective Dates, EmergencyLocal MandateProperty Valuation AdministratorsTaxationTaxation, Income--IndividualTaxation, Inheritance and EstateTaxation, PropertyWills and Estates
Text versions (1)
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