KY HB543 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 22 2022 - 25% progression, died in committee
Action: 2022-02-22 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 22 2022 - 25% progression, died in committee
Action: 2022-02-22 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Create a new section in KRS Chapter 134 to establish an installment payment program; define terms; provide installment payment calculation guidelines; require specific property tax information be sent to the taxpayer through notifications or made accessible through an electronic system; allow an administrative fee up to three percent; disallow two percent discount for early payment of taxes; prohibit collection of penalties and interest on installment payments; require the Department of Revenue to promulgate administrative regulations; establish penalties for noncompliance; amend KRS 133.220 to require the sheriff or collector to include specific tax payment information on tax notices; amend KRS 134.015 to conform.
Title
AN ACT relating to the property tax monthly installment payment program.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2022-02-22 | House | to Committee on Committees (H) |
2022-02-22 | House | introduced in House |
Subjects
Attorney, County
Cities
Counties
County Clerks
Local Mandate
Property Valuation Administrators
Sheriffs
State Agencies
Taxation
Taxation, Property
Cities
Counties
County Clerks
Local Mandate
Property Valuation Administrators
Sheriffs
State Agencies
Taxation
Taxation, Property