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Bill > HB587
KY HB587
KY HB587AN ACT proposing to create a new section of the Constitution of Kentucky relating to exempting property from taxation.
summary
Introduced
02/06/2026
02/06/2026
In Committee
02/13/2026
02/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Propose to create a new section of the Constitution of Kentucky to allow the General Assembly to provide by law a property tax exemption for the permanent residence of an owner who is a veteran with a service-connected disability; require the law to specify the amount of the exemption, the qualifications for claiming the exemption, and whether the exemption transfers to the veteran's surviving spouse; prohibit more than 1 exemption per permanent residence; disallow the exemption to be combined with an exemption under Section 170 of the Constitution of Kentucky; provide ballot language; submit to voters for ratification or rejection.
AI Summary
This bill proposes to amend the Constitution of Kentucky to allow the General Assembly to create a property tax exemption for the primary home of a veteran who has a disability that is related to their military service. If the General Assembly enacts such a law, it must specify the amount of the exemption, who qualifies to receive it, and whether a surviving spouse can continue to receive the exemption. The bill also states that only one such exemption can be applied to a single permanent residence and that this new exemption cannot be combined with any existing property tax exemptions provided under Section 170 of the Kentucky Constitution. Finally, the bill outlines the process for submitting this proposed constitutional amendment to Kentucky voters for their approval or rejection.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
to Elections, Const. Amendments & Intergovernmental Affairs (H) (on 02/13/2026)
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/hb587.html |
| BillText | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/hb587/orig_bill.pdf |
| Local Mandate Fiscal Impact | https://apps.legislature.ky.gov/recorddocuments/note/26RS/hb587/LM.pdf |
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