KY SB267 | 2022 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 1 2022 - 25% progression, died in committee
Action: 2022-03-02 - to State & Local Government (S)
Pending: Senate State & Local Government Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Propose an amendment to Section 170 of the Constitution of Kentucky increasing the homestead exemption up to an assessed valuation of $100,000 for owners with a permanent and total 100 percent service-connected disability rating by the United States Department of Veterans Affairs; make the exemption transferrable upon death to the surviving spouse; provide for the continued biennial inflation indexing of the homestead exemption; make various typographical changes of a nonsubstantive nature; state ballot question; submit to voters.

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
2022-03-02Senateto State & Local Government (S)
2022-03-01Senateto Committee on Committees (S)
2022-03-01Senateintroduced in Senate

Subjects


Kentucky State Sources


Bill Comments

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