AN ACT relating to a property tax installment payment program.

Create a new section of KRS Chapter 134, relating to collection of taxes to establish a quarterly installment payment program; define terms; provide installment payment calculation guidelines; require specific property tax information to be sent to the taxpayer through notifications or made accessible through an electronic system; allow an administrative fee up to 3%; disallow 2% discount for early payment of taxes if taxes paid under quarterly installment payment program; prohibit collection of penalties and…

Introduced: February 18, 2026

Last action: February 25, 2026

To Appropriations & Revenue (H)

Read the full text Kentucky Legislature LegiScan

AI-generated — always verify with primary sources

Plain-language summary

Beta

This bill would create a new option for Kentucky property owners to pay their property taxes in quarterly installments rather than in one lump sum. It sets rules for how payments are calculated, allows a small administrative fee of up to 3%, and prohibits penalties or interest on installment payments. It also requires that property owners receive clear information about their payment options through tax notices or an online system. Who it may affect: Kentucky property owners who pay annual property taxes, particularly those who may find a single lump-sum payment difficult to manage.

Open official bill text (PDF)·Report a problem with the summary