KY HB 560
died on adjournmentAN ACT relating to funding school districts that have a high percentage of tax-exempt property.
Kentucky · 2026 Regular Session · lower
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Quick answers
Did KY HB 560 pass?
No. KY HB 560 died when the 2026 Regular Session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2026-02-11): to Appropriations & Revenue (H)
What is KY HB 560 about?
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 recoupment to the board of at least 25% of the local board of education's lost tax revenue from the tax-exempt properties.
Who sponsors KY HB 560?
E. Hancock is the primary sponsor of KY HB 560.
Description
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 recoupment to the board of at least 25% of the local board of education's lost tax revenue from the tax-exempt properties.
- Introduced
- 2026-02-04
- Latest action
- 2026-02-11 — to Appropriations & Revenue (H)
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- E. Hancockprimary
Committees
Not provided by source.
Action timeline
Newest first
2026-02-11
to Appropriations & Revenue (H)
referral-committee
2026-02-04
to Committee on Committees (H)
referral-committee
2026-02-04
introduced in House
introduction
Versions
- IntroducedCompare
Documents
Votes
Not provided by source.
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:22:24.357326Z
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