Bill > HB666

This bill makes a technical correction to KRS 132.027, which governs tax rates for cities and urban-county governments. The primary change is to insert "or her" into the existing text, ensuring that the law's language is inclusive of both male and female property owners when referring to their residence or principal place of business for the purpose of receiving mailed notices about proposed tax rate increases. The rest of the bill's provisions, which detail the requirements for public hearings, advertising tax rate changes, and the process for recall votes on tax increases exceeding a certain threshold, remain unchanged. The "compensating tax rate" is a term defined elsewhere in the law (KRS 132.010) and represents the tax rate that would generate the same amount of revenue as the previous year, adjusted for changes in property values.

https://apps.legislature.ky.gov/record/26RS/hb666.html