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KY HB916

Bill

Official Source

Status

Introduced

3/4/2026

Primary Sponsor

Savannah Maddox

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Motor vehicles assessed under KRS 132.485 will be exempt from state ad valorem tax beginning January 1, 2027
  • Local ad valorem taxes (county, city, school, and other taxing districts) will still apply to motor vehicles after the state exemption takes effect
  • The motor vehicle usage tax under KRS 138.460 remains unaffected by this exemption
  • Prior exemptions for property tax increases on motor vehicle valuations from January 1, 2021 through January 1, 2023 assessment dates are preserved, along with refund procedures for overpayments

Legislative Description

AN ACT relating to an ad valorem tax exemption for motor vehicles.

Taxation

Last Action

to Appropriations & Revenue (H)

3/11/2026

Committee Referrals

Appropriations and Revenue3/11/2026
Committee On Committees3/4/2026

Full Bill Text

No bill text available