AN ACT proposing to amend Section 172B of the Constitution of Kentucky relating to property exempt from taxation.

Propose to amend Section 172B of the Constitution of Kentucky to expand the freeze on an assessment or reassessment moratorium to include the development of property and to remove the 5-year expiration date for the moratorium; provide ballot language; submit to voters for ratification or rejection.

Introduced: January 8, 2026

Last action: January 15, 2026

To Elections, Const. Amendments & Intergovernmental Affairs (H)

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This bill proposes a change to the Kentucky Constitution that would expand an existing freeze on property tax assessments to also cover property that is being developed, and would make that freeze permanent by removing the current five-year time limit. Because it is a constitutional amendment, it would be placed on the ballot for Kentucky voters to approve or reject before taking effect. Who it may affect: property owners and developers who qualify for existing property tax assessment freezes under state law.

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