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Bill > HB25


KY HB25

KY HB25
AN ACT relating to exemptions for totally disabled veterans with a permanent and total one hundred percent service-connected disability rating from the United States Department of Veterans Affairs.


summary

Introduced
01/03/2023
In Committee
02/23/2023
Crossed Over
Passed
Dead
03/30/2023

Introduced Session

2023 Regular Session

Bill Summary

Create a new section of KRS Chapter 132 to exempt up to two motor vehicles owned by totally disabled veterans with a 100% service-connected disability rating from property taxation and amend KRS 132.485 to conform; amend KRS 91A.080, 136.340, 136.350, 136.360, and 136.392 to exempt totally disabled veterans with a 100% service-connected disability rating from insurance premium taxes and surcharges; amend KRS 150.170 to exempt totally disabled veterans with a 100% service-connected disability rating from hunting and fishing licensing requirements; amend KRS 186.531 to exempt totally disabled veterans with a 100% service-connected disability rating from the fees required for a voluntary travel ID or standard personal identification card or operator's license; make applicable to motor vehicles assessed on or after January 1, 2024.

AI Summary

This bill creates a new section of KRS Chapter 132 to exempt up to two motor vehicles owned by totally disabled veterans with a 100% service-connected disability rating from the United States Department of Veterans Affairs from state and local ad valorem taxes. The bill also amends various other statutes to exempt totally disabled veterans with a 100% service-connected disability rating from insurance premium taxes and surcharges, hunting and fishing licensing requirements, and fees for certain identification documents. The exemptions and fee waivers in Sections 2 and 3 of the bill apply to motor vehicles assessed on or after January 1, 2024.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

to Appropriations & Revenue (H) (on 02/23/2023)

bill text


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