AN ACT proposing to create a new section of the Constitution of Kentucky relating to exempting property from taxation.
to Elections, Const. Amendments & Intergovernmental Affairs (H)
Summary
The bill would add a new constitutional section that authorizes the General Assembly to enact a property tax break for the permanent residence of veterans with a service‑connected disability. It requires the law to define the exemption amount, eligibility criteria, and whether it can transfer to a surviving spouse, and limits each home to one such exemption.
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