Kentucky bills · 2026 Regular Session
Kentucky HB 560
AN ACT relating to funding school districts that have a high percentage of tax-exempt property.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
No sponsor recorded.
Summary
Official abstract published by the Kentucky legislature· Summary of Original Version
Amend KRS 45.021 to require the Finance and Administration Cabinet to contract with each local board of education of a district that has 65% or more in tax-exempt real property and that does not receive financial relief from other sources for the tax revenue lost from the tax-exempt property, to provide for recoupment to the board of at least 25% of the local board of education's lost tax revenue from the tax-exempt properties.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Feb 11, 2026 · House
to Appropriations & Revenue (H) - Feb 4, 2026 · House
to Committee on Committees (H) - Feb 4, 2026 · House
introduced in House