Kentucky House of Representatives bill in Session 26RS.
Status: in_committee. Latest action: February 11, 2026.
AN ACT relating to funding school districts that have a high percentage of tax-exempt property.
Amend KRS 45.021 to require the Finance and Administration Cabinet to contract with each local board of education of a district that has 65% or more in tax-exempt real property and that does not receive financial relief from other sources for the tax revenue lost from the tax-exempt property, to provide for recoupment to the board of at least 25% of the local board of education's lost tax revenue from the tax-exempt properties.
| Date | Event | Detail |
|---|---|---|
| 2026-02-04 | Introduced | Bill introduced |
| 2026-02-11 | Status | in_committee |
| 2026-02-11 | Latest Action | 02/11/26: to Appropriations & Revenue (H) |