Senate Bill 70

Title
AN ACT relating to assessment of motor vehicles for property tax purposes and declaring an emergency.
Summary of Original Version
Amend KRS 132.485 to establish requirements for assessing motor vehicles for property tax purposes when the standard manual valuation exceeds five percent of the immediately preceding year's standard manual valuation; EMERGENCY.
Documents
Introduced .pdf (25.67 KB)
LRC URI
https://apps.legislature.ky.gov/record/22rs/sb70.html
Session
2022 Regular Session
Index Headings of Original Version
Effective Dates, Emergency
Motor vehicle valuation requirements, five percent limitation
Motor Vehicles
Valuation requirements, property tax, five percent limitation
Taxation
Property tax, motor vehicle valuation requirements, five percent limitation
Taxation, Property
Motor vehicle valuation requirements, five percent limitation
Retroactive Legislation
Motor vehicle valuation requirements, property tax, January 1, 2022
Local Mandate
Property tax, motor vehicle valuation requirements, five percent limitation
Actions
01/10/22
  • introduced in Senate
  • to Committee on Committees (S)
01/12/22
  • to Appropriations & Revenue (S)