HB 450 AN ACT relating to property taxes when the title of real property is transferred

About HB-450

Amend KRS 132.220 to establish property tax liability requirements for when real property is transferred during the calendar year; amend KRS 134.015 to make taxes, fees, penalties, and interest the personal debt of the taxpayer as of December 31st when the title of real property is transferred during the calendar year; amend KRS 134.504 to establish mailing requirements for the certificate of delinquency notice; amend KRS 382.135 to remove the in-care-of address requirement; amend various KRS statutes to conform; apply to property assessed on or after January 1, 2021.