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68.190 Credit for payment of similar city tax.
Any amount paid to any city of the first class within such county as a license fee, for
the same privilege and for the same period, shall be credited against the county
license fee payable under subsections (1) and (2) of KRS 68.180. Any amount paid
to any other city within such county as a license fee, for the same privilege and for
the same period, shall be credited against the county license fee payable under
subsections (1) and (2) of KRS 68.180, provided that such city, at least thirty (30)
days prior to the beginning of any county fiscal year, has contracted with the fiscal
court to contribute annually to the support of joint agencies of such county and one
or more cities in the county, an amount which bears the same ratio to the annual
appropriation made for such joint agencies by a city of the first class in the county,
as the assessed valuations for county tax purposes, as determined by the property
valuation administrator, of the real and tangible personal property, excluding
franchises, located within the corporate limits of such other cities, respectively, bears
to the same assessed valuations within a city of the first class in said county.
Effective:June 24, 2003
History: Amended 2003 Ky. Acts ch. 117, sec. 21, effective June 24, 2003. -Repealed and reenacted Ky. Acts ch. 1990 Ky. Acts ch. 476, Pt. V, sec. 299,
effective July 13, 1990. -- Amended 1965 (1st Extra. Sess.) Ky. Acts ch. 2,
sec. 25. -- Created 1960 Ky. Acts ch. 80, sec. 3.
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