KY HB386 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 27 2022 - 25% progression, died in committee
Action: 2022-01-27 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 27 2022 - 25% progression, died in committee
Action: 2022-01-27 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Create a new section of KRS Chapter 132 to exempt motor vehicles from state property tax and exempt a portion of the 2022 property taxes that are greater than the taxes calculated based on the motor vehicle's 2021 standard value and property tax rates; amend KRS 134.805, 186.020, 186A.035, and 235.066 to conform; apply to motor vehicles on or after January 1, 2022; EMERGENCY.
Title
AN ACT relating to exempting motor vehicles from property taxation and declaring an emergency.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-27 | House | to Committee on Committees (H) |
| 2022-01-27 | House | introduced in House |
Subjects
County Clerks
Effective Dates, Emergency
Local Mandate
Motor Vehicles
Retroactive Legislation
Taxation
Taxation, Property
Effective Dates, Emergency
Local Mandate
Motor Vehicles
Retroactive Legislation
Taxation
Taxation, Property
