{"data":{"id":"us-ky/krs-132.202","jurisdiction":"us-ky","citation":"KRS 132.202","heading":"Tax on municipal solid waste disposal facility's real and tangible personal","body":"property.\n(1) As used in this section, \"municipal solid waste disposal facility\" has the same\nmeaning as in KRS 224.1-010.\n(2) (a) All municipal solid waste disposal facilit ies shall be assessed by the\ndepartment as of January 1 each year.\n(b) The department shall have sole power to value and assess the tangible\npersonal property and real property of all municipal solid waste disposal\nfacilities.\n(c) The department shall bill  and collect all ad valorem taxes on municipal solid\nwaste disposal facilities and shall divide, allocate, and distribute the tax\nreceipts.\n(3) (a) The authority of the department to assess and tax the property of a municipal\nsolid waste disposal facility shall be limited to taxable real property and\ntangible personal property.\n(b) The real and tangible personal property shall be assessed and taxed in the\nsame manner as real and tangible personal property of all other taxpayers\nunder KRS Chapter 132, excluding KRS 132.030.\n(c) The department shall promulgate administrative regulations under KRS\nChapter 13A to implement a valuation methodology for municipal solid waste\ndisposal facilities.","path":["KRS Chapter 132"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=45215","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:23Z","sha256":"d1898490188b68d182d4f55b14e1212bd36b01049a0e3d2e94b90c52d788bff1","source_id":"us-ky","stale":false,"prev":"us-ky/krs-132.200","next":"us-ky/krs-132.203"},"notice":"GroundRules: Original legal text. Not legal advice."}