Kentucky Statutes 160.607 – Rate of tax
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(1) The school tax authorized by KRS § 160.482 to KRS § 160.488 and 160.605 shall be at a single uniform rate not to exceed one-half of one percent (0.5%) and shall continue from year to year until changed as prescribed in KRS § 160.635 and KRS § 160.484.
(2) Any county having three hundred thousand (300,000) or more inhabitants is authorized to increase the school tax rate to exceed the maximum set in subsection (1) of this section by one-quarter of one percent (0.25%).
Effective: July 13, 1990
History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 460, effective July
13, 1990. — Amended 1974 Ky. Acts ch. 251, sec. 1. — Amended 1972 Ky. Acts ch.
254, sec. 4. — Created 1966 Ky. Acts ch. 24, Part III, sec. 7.
(2) Any county having three hundred thousand (300,000) or more inhabitants is authorized to increase the school tax rate to exceed the maximum set in subsection (1) of this section by one-quarter of one percent (0.25%).
Terms Used In Kentucky Statutes 160.607
- Year: means calendar year. See Kentucky Statutes 446.010
Effective: July 13, 1990
History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 460, effective July
13, 1990. — Amended 1974 Ky. Acts ch. 251, sec. 1. — Amended 1972 Ky. Acts ch.
254, sec. 4. — Created 1966 Ky. Acts ch. 24, Part III, sec. 7.