KY HB830

Expands the ad valorem tax exemption for farm implements and farm machinery by removing the requirement that the equipment be "owned by or leased to a person actually engaged in farming"

Removes the requirement that farm implements and machinery be "used in his or her farm operations" to qualify for the exemption

Exemption applies to both state and local ad valorem taxes, including county, city, school, and other taxing districts

Amends KRS 132.096 to broaden eligibility for the existing agricultural equipment tax exemption

Updates terminology by replacing "United States Customs Service" with "United States Customs and Border Protection" in a related provision