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SB 147 KY
Introduced

AN ACT proposing an amendment to Section 170 of the Constitution of Kentucky relating to property exempt from taxation.

KY · session 2022RS · Senate · bill

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

Introduced Feb 7, 2022

Latest action (Feb 8, 2022) to State & Local Government (S)

Summary

Propose to amend Section 170 of the Constitution of Kentucky to include in the homestead exemption for owners who are 65 years of age or older any increase in ad valorem taxes that are assessed after the latter of the year the owner turned 65, the year the owner purchased the property, or the date the amendment was ratified by the voters; add the continued biennial inflation indexing of the homestead exemption amount; make nonsubstantive technical corrections; provide ballot language; submit to voters for ratification or rejection.

Sponsors (7)
  • M. Nemes · primary
  • R. Alvarado · primary
  • A. Kerr · primary
  • S. Meredith Republican · primary
  • J. Turner · primary
  • P. Wheeler Republican · primary
  • D. Yates · primary

Action history (3)
  1. Feb 7, 2022 introduced in Senate · upper
  2. Feb 7, 2022 to Committee on Committees (S) · upper
  3. Feb 8, 2022 to State & Local Government (S) · upper
Subjects
Aged Persons and AgingConstitution, Ky.County ClerksElections and VotingLocal MandateSecretary of StateTaxationTaxation, 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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Data from OpenStates. View on OpenStates →