HB 150 KY Introduced
AN ACT relating to ad valorem taxes.
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Summary
Create a new section of KRS Chapter 132 to exempt motor vehicles, recreational vehicles, trailers, and semitrailers from state and local ad valorem taxes; amend various sections of KRS Chapters 92, 132, 133, 134, 136, 141, 186, 186A, and 235 to conform; repeal KRS 132.227. 132,485, 132.4851, 132.487, 136.188, 186.193, and 186A.030; EFFECTIVE January 1, 2025.
Sponsors (2)
- P. Flannery Republican · primary
- K. Moser Republican · primary
Action history (3)
- Jan 4, 2024 introduced in House · lower
- Jan 4, 2024 to Committee on Committees (H) · lower
- Jan 18, 2024 to Appropriations & Revenue (H) · lower
Subjects
CitiesCountiesEducation, Elementary and SecondaryEducation, FinanceEffective Dates, DelayedEmergency Medical ServicesFiscal NoteHealth and Medical ServicesLibrariesLocal GovernmentLocal MandateMotor VehiclesSpecial Purpose Governmental EntitiesState AgenciesTaxationTaxation, Property
Text versions (1)
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