· KY legislature · 2026RS

AN ACT proposing an amendment to Section 170 of the Constitution of Kentucky relating to property exempt from taxation.

Propose to amend Section 170 of the Constitution of Kentucky to increase the homestead exemption to $75,000; require the homestead exemption amount to be indexed every year; provide ballot language; submit to voters for ratification or rejection; apply to property assessments beginning on or after January 1, 2027.

Sponsor

Kim Banta (R-KY)

Introduced

2026-01-08

Policy area

Taxation

Latest action

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