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Bill > HB100
KY HB100
KY HB100AN ACT proposing an amendment to Section 170 of the Constitution of Kentucky relating to property exempt from taxation.
summary
Introduced
01/07/2026
01/07/2026
In Committee
01/14/2026
01/14/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Propose to amend Section 170 of the Constitution of Kentucky to increase the homestead exemption to $100,000; require the homestead exemption amount to be indexed every year; provide ballot language; submit to voters for ratification or rejection; apply to property assessments beginning on or after January 1, 2027.
AI Summary
This bill proposes to amend Section 170 of the Kentucky Constitution to increase the homestead exemption, which is a property tax exemption for a person's primary residence, to $100,000, a significant increase from the current $6,500. Additionally, it mandates that this exemption amount be adjusted annually to keep pace with inflation, a process known as indexing. The bill outlines the specific ballot language that will be presented to voters for their approval or rejection, and if ratified, this enhanced exemption will take effect for property assessments starting on or after January 1, 2027.
Committee Categories
Government Affairs
Sponsors (3)
Last Action
to Elections, Const. Amendments & Intergovernmental Affairs (H) (on 01/14/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://apps.legislature.ky.gov/record/26RS/hb100.html |
| BillText | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/hb100/orig_bill.pdf |
| Local Mandate Fiscal Impact | https://apps.legislature.ky.gov/recorddocuments/note/26RS/hb100/LM.pdf |
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