· KY legislature · 2026RS

AN ACT relating to funding school districts that have a high percentage of tax-exempt property.

Amend KRS 45.021 to require the Finance and Administration Cabinet to contract with each local board of education of a district that has 65% or more in tax-exempt real property and that does not receive financial relief from other sources for the tax revenue lost from the tax-exempt property, to provide for recoupme…

Sponsor

Erika Hancock (D-KY)

Introduced

2026-02-04

Policy area

Education

Latest action

to Appropriations & Revenue (H)