Introduced

Passed House

Passed Senate

Became law

Adjourned sine die. The bill was pending when the session ended, so it did not pass.

Last action · February 4, 2025

To Appropriations & Revenue (H)

Introduced January 8, 2025

House

Adjourned Sine Die

2025 Regular Session

HB108

AN ACT relating to an ad valorem tax exemption for motor vehicles.

Amend KRS 132.4851 to establish a state property tax rate reduction and exemption for motor vehicles assessed under KRS 132.485; amend KRS 132.020 to conform.

Motor Vehicles Taxation Taxation, Property Local Mandate

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This bill would change how motor vehicles are taxed under Kentucky's property tax system by reducing the state property tax rate and creating an exemption for certain vehicles. Property taxes on vehicles are assessed annually in Kentucky, so this change could lower the tax bill many residents pay on their cars, trucks, or other motor vehicles. Who it may affect: Kentucky residents who own motor vehicles subject to annual state property taxes.

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