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 27, 2025

To Appropriations & Revenue (H)

Introduced February 19, 2025

House

Adjourned Sine Die

2025 Regular Session

HB696

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…

Local Mandate Education, Finance Effective Dates, Delayed Local Government State Agencies Taxation Taxation, Property Amusements and Recreation Boats and Boating

Read the full text Kentucky Legislature LegiScan

AI-generated. Always verify with primary sources

Plain-language summary

Beta

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.

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