{"data":{"id":"us-ky/krs-132.029","jurisdiction":"us-ky","citation":"KRS 132.029","heading":"Limits for city and urban -county government on personal property tax","body":"rate.\n(1) In the event that the tax rate applicable to real property levied by a city or urban -\ncounty government will produce a percentage increase in revenue from personal\nproperty less than the percentage increase in revenue from real property, the city or\nurban-county government may levy a tax rate applicable to personal property which\nwill produce the same percentage increase in revenue from personal property as the\npercentage increase in revenue from real property.\n(2) The tax rate applicable to personal pro perty levied by a city or urban -county\ngovernment under the provisions of subsection (1) of this section shall not be\nsubject to the public hearing provisions of KRS 132.027(2) and to the recall\nprovisions of KRS 132.027(3).","path":["KRS Chapter 132"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=28209","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:23Z","sha256":"46d14a3ea7e8efeaab26163e6ccd782ad5c486b0f17b2afd20a9ba4ac3b6f4d1","source_id":"us-ky","stale":false,"prev":"us-ky/krs-132.028","next":"us-ky/krs-132.0291"},"notice":"GroundRules: Original legal text. Not legal advice."}