STATE SENATOR GEX WILLIAMS FROM VERONA……WILL PROPOSE A CONSTITUTIONAL AMENDMENT FOR THE 20-27 LEGISLATIVE SESSION THAT WOULD GIVE KENTUCKY
LAWMAKERS NEW AUTHOITY TO PROVIDE PROPERTY TAX RELIEF ON PERMANENT RESIDENCES…..
THE PROPOSAL SEEKS TO GIVE THE GENERAL ASSEMBLY AUTHORITY TO EXEMPT ALL…..OR PART OF REAL PROPERTY…..MAINTAINED AS A PERSON’S PERMANENT RESIDENCE
FROM PROPERTY TAXATION……
IT ALSO SEEKS TO PERMIT LAWMAKERS TO AUTHORIZE CITIES, COUNTIES, SCHOOL DISTRICTS AND OTHER TAXING DISTRICTS TO PROVIDE FULL OR PARTIAL EXEMPTIONS FROM
PROPERTY TAXES THEY LEVY………
