AN ACT relating to motorboats.

Create a new section of KRS Chapter 132 to exempt federally documented vessels from property taxation; create new sections of KRS Chapter 235 to establish the waterway usage fee and the distribution of revenue generated from the fee; establish the waterway usage fund; create a new section of KRS Chapter 148 to establish the Kentucky lakes and rivers tourism fund; require grants of money from the fund to go to marinas qualifying through an application…

Introduced: February 19, 2025

Last action: February 27, 2025

To Appropriations & Revenue (H)

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This bill would remove property taxes on federally documented vessels and replace that revenue source with a new waterway usage fee paid by motorboat owners in Kentucky. Money collected from the fee would go into dedicated funds, with some directed toward grants for marinas that apply through a set process and some supporting lakes and rivers tourism. Boat owners who do not pay the fee would face a penalty. Who it may affect: motorboat owners, marina operators, and communities near Kentucky lakes and rivers.

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