There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 42 FINANCE AND ADMINISTRATION CABINET
42.495 Effect of reduction of local general tax effort.
Download pdffunds that would otherwise be available under the provisions of KRS 42.450 to
42.495 on a dollar-for-dollar basis. (2) For purposes of this section, "general tax effort" shall mean the total revenues raised in fiscal year 1991-92 from the levy of all of the taxing district's taxes in fiscal year
1991-92. Taxes based upon the 1991 assessment of property shall be considered to
be taxes levied and collected for fiscal year 1991-92. Effective: July 1, 1992
History: Amended 1992 Ky. Acts ch. 107, sec. 11, effective July 1, 1992. -- Created 1980 Ky. Acts ch. 394, sec. 10, effective July 1, 1980.
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