Kentucky Statutes 160.472 – Determination of maximum permissible school district revenue
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Notwithstanding any provisions of this chapter to the contrary, the tax rate on motor vehicles and trailers for the preceding year shall be applied to the preceding year’s total valuation of such motor vehicles and trailers and the resulting amount added to the revenue from other tangible personal property for purposes of determining the maximum permissible school district revenue under KRS § 160.470.
Effective: July 13, 1990
History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 441, effective July
13, 1990. — Created 1978 Ky. Acts ch. 371, sec. 6, effective January 1, 1981.
Effective: July 13, 1990
Terms Used In Kentucky Statutes 160.472
- Personal property: All property that is not real property.
- Year: means calendar year. See Kentucky Statutes 446.010
History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 441, effective July
13, 1990. — Created 1978 Ky. Acts ch. 371, sec. 6, effective January 1, 1981.