KRS 132.202: Tax on municipal solid waste disposal facility's real and tangible personal

property.

(1) As used in this section, "municipal solid waste disposal facility" has the same

meaning as in KRS 224.1-010.

(2) (a) All municipal solid waste disposal facilit ies shall be assessed by the

department as of January 1 each year.

(b) The department shall have sole power to value and assess the tangible

personal property and real property of all municipal solid waste disposal

facilities.

(c) The department shall bill and collect all ad valorem taxes on municipal solid

waste disposal facilities and shall divide, allocate, and distribute the tax

receipts.

(3) (a) The authority of the department to assess and tax the property of a municipal

solid waste disposal facility shall be limited to taxable real property and

tangible personal property.

(b) The real and tangible personal property shall be assessed and taxed in the

same manner as real and tangible personal property of all other taxpayers

under KRS Chapter 132, excluding KRS 132.030.

(c) The department shall promulgate administrative regulations under KRS

Chapter 13A to implement a valuation methodology for municipal solid waste

disposal facilities.