KY SB147 | 2022 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: Introduced on February 7 2022 - 25% progression, died in committee
Action: 2022-02-08 - to State & Local Government (S)
Pending: Senate State & Local Government Committee
Text: Latest bill text (Introduced) [PDF]

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 ad valorem taxes that are assessed after the latter of the year the owner turned 65, the year the owner purchased the property, or the date the amendment was ratified by the voters; add the continued biennial inflation indexing of the homestead exemption amount; make nonsubstantive technical corrections; provide ballot language; submit to voters for ratification or rejection.

Tracking Information

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Title

AN ACT proposing an amendment to Section 170 of the Constitution of Kentucky relating to property exempt from taxation.

Sponsors


History

DateChamberAction
2022-02-08Senateto State & Local Government (S)
2022-02-07Senateto Committee on Committees (S)
2022-02-07Senateintroduced in Senate

Subjects


Kentucky State Sources


Bill Comments

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