2022 Regular Session • Kentucky Legislature
HB447: AN ACT relating to property taxation.
Legislative Summary
Amend KRS 132.020 and 132.200 to exclude aircraft not used in the business of transporting persons or property for compensation or hire from tangible property tax state and local rates; create a new section of KRS 132 to exempt aircraft not used in the business of transporting persons or property for compensation or hire; apply to property assessed on or after January 1, 2023.
Demographic Impact
Overall analysis of equity impact
60% Bias
Medium ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
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Bill History
2/2/2022
introduced in House
House of Representatives
2/2/2022
to Committee on Committees (H)
House of Representatives
2/11/2022
to Transportation (H)
House of Representatives
2/17/2022
reassigned to Appropriations & Revenue (H)
House of Representatives
3/14/2022
taken from Appropriations & Revenue (H)
House of Representatives
3/14/2022
1st reading
House of Representatives
3/14/2022
returned to Appropriations & Revenue (H)
House of Representatives
Status Information
Current Status
Introduced(2/2/2022)
Chamber
House of Representatives
Committee
Appropriations and Revenue(House of Representatives)
Sine Die
Sponsors
Republican: 6
Primary Sponsor
Jonathan Dixon
Republican