HB 36 AN ACT relating to property taxes for veteran service organizations
Kentucky 2020 Regular Session
AN ACT relating to property taxes for veteran service organizations.
HB-36
About HB-36
Create a new section in KRS Chapter 132 to exempt veteran service organizations from ad valorem taxation if over fifty percent of the organization's annual net income is expended on behalf of veterans and other charitable causes; amend KRS 132.010 to define veteran service organization; apply to property assessed on or after January 1, 2021.
Bill Texts
Introduced
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