SB 23 KY Passed One Chamber
AN ACT proposing to create a new section of the Constitution of Kentucky relating to property exempt from taxation.
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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 the valuation of the real property that is assessed after the later of the year the owner turned 65 or the year the owner purchased the property; apply the exemption to increases in valuation that occur after the date the amendment is ratified by the voters; provide ballot language; submit to voters for ratification or rejection.
Sponsors (6)
- M. Nemes Republican · primary
- M. Deneen Republican · primary
- D. Douglas Republican · primary
- R. Girdler Republican · primary
- S. Meredith Republican · primary
- L. Tichenor Republican · primary
Action history (11)
- Jan 2, 2024 introduced in Senate · upper
- Jan 2, 2024 to Committee on Committees (S) · upper
- Jan 3, 2024 to State & Local Government (S) · upper
- Jan 24, 2024 reported favorably, 1st reading, to Calendar · upper
- Jan 25, 2024 2nd reading, to Rules · upper
- Jan 31, 2024 floor amendments (1-title) and (2) filed · upper
- Feb 9, 2024 posted for passage in the Regular Orders of the Day for Monday, February 12, 2024 · upper
- Feb 12, 2024 3rd reading, passed 32-2-1 with Floor Amendment (2) and Floor Amendment (1-title) · upper
- Feb 13, 2024 received in House · lower
- Feb 13, 2024 to Committee on Committees (H) · lower
- Mar 7, 2024 to Elections, Const. Amendments & Intergovernmental Affairs (H) · lower
Text versions (2)
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