There is a newer version of this Section
2022
2021
2020
2019 (you are here)
2018
Other previous versions
View our newest version here

2019 Kentucky Revised Statutes
Chapter 67A - Urban-county government
67A.850 Taxing power.

Universal Citation: KY Rev Stat § 67A.850 (2019)
Previous Next

Download as PDF
67A.850 Taxing power. Urban-county government may exercise ad valorem property taxing powers pursuant to the Kentucky Constitution, Section 157, to the limits authorized therein for the class of city to which the largest city in the county belonged on the day prior to the date the urbancounty government became effective. The taxing powers must be exercised by the urbancounty government consistent with the Kentucky Constitution, Section 172A, and KRS 132.010, 132.023, and 132.027. Provided, in no way will this section and KRS 67A.860 allow an urban-county government to increase the taxes of any district without the urbancounty government having first performed its obligations to provide services for such increases. Within the privileges and limitations of this section, an urban-county government may impose an additional ad valorem tax, not to exceed five cents ($0.05) per one hundred dollars ($100), for the purpose of funding the purchase of development rights program provided for under KRS 67A.845. Effective: July 15, 1998 History: Amended 1998 Ky. Acts ch. 372, sec. 7, effective July 15, 1998. -- Amended 1990 Ky. Acts ch. 343, sec. 9, effective July 13, 1990. -- Created 1974 Ky. Acts ch. 243, sec. 1, effective June 21, 1974.
Previous Next
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.