HB 353 KY Introduced
AN ACT relating to the assessment of motor vehicles for property tax purposes and declaring an emergency.
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Summary
Amend KRS 132.485 to exempt for the January 1, 2022, January 1, 2023, and January 1, 2024, assessment dates, the portion of property taxes computed on any increase in a motor vehicle's valuation from January 1, 2021; RETROACTIVE; EMERGENCY.
Sponsors (5)
- M. Dossett Republican · primary
- A. Bowling Republican · primary
- R. Dotson Republican · primary
- D. Frazier Gordon · primary
- N. Kirk-McCormick · primary
Action history (2)
- Jan 25, 2022 introduced in House · lower
- Jan 25, 2022 to Committee on Committees (H) · lower
Subjects
Effective Dates, EmergencyLocal MandateMotor VehiclesRetroactive LegislationTaxationTaxation, Property
Text versions (1)
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