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]
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.
Title
AN ACT proposing an amendment to Section 170 of the Constitution of Kentucky relating to property exempt from taxation.
Sponsors
Sen. Mike Nemes [R] | Sen. Ralph Alvarado [R] | Sen. Alice Kerr [R] | Sen. Stephen Meredith [R] |
Sen. Johnnie Turner [R] | Sen. Phillip Wheeler [R] | Sen. David Yates [D] |
History
Date | Chamber | Action |
---|---|---|
2022-02-08 | Senate | to State & Local Government (S) |
2022-02-07 | Senate | to Committee on Committees (S) |
2022-02-07 | Senate | introduced in Senate |
Subjects
Aged Persons and Aging
Constitution, Ky.
County Clerks
Elections and Voting
Local Mandate
Secretary of State
Taxation
Taxation, Property
Constitution, Ky.
County Clerks
Elections and Voting
Local Mandate
Secretary of State
Taxation
Taxation, Property