HB 604

Bill Subjects

Counties Effective Dates, Delayed Firefighters And Fire Departments Local Government Local Mandate Special Districts Special Purpose Governmental Entities Taxation Taxation, Property

Abstract

Amend KRS 75.040 to increase the maximum property tax rate that can be levied by a fire protection district or a volunteer fire department district; limit any increase in the total tax levy beyond the initially approved levy to two cents per $100 of assessed valuation a year; require a public hearing and notification to the public for rate levy; exempt the rates from the provisions of KRS 132.023; amend KRS 75A.050 to increase the maximum property tax rate that can be levied by a district that provides fire services, emergency medical services, and rescue services; limit any increase in the total tax levy beyond the initially approved levy to two cents per $100 of assessed valuation a year; require a public hearing and notification to the public for rate levy; exempt tax increases from the provisions of KRS 132.023; EFFECTIVE January 1, 2026.