{"data":{"id":"us-ky/krs-67a.926","jurisdiction":"us-ky","citation":"KRS 67A.926","heading":"Occupational license tax levy to retire bonds.","body":"In order to accomplish its purposes the authority, through its board, may request the\nlegislative body of the urban -county government in which it is located to levy an\noccupational license tax on all businesses, commercial establishments, and professional\noffices within the local parking district at a rate, which, when calculated in connection\nwith other revenues of the authority, shall not exceed the amount necessary to amortize\nany bonds issued or proposed to be issued to finance the project or projects p roposed by\nthe authority, plus operating expenses of the authority. All occupational license taxes\nauthorized by this chapter shall be collected in the same manner as are all other\noccupational license taxes and shall be turned over to the board of commiss ioners as the\ngoverning body of the authority. Such taxes shall be solely for the benefit and purposes of\nthe authority and shall be in addition to all other taxes. The local legislative body may\nlevy the occupational license tax so requested initially and  from year to year thereafter if\nrequired in conjunction with other revenues, to amortize any bonds issued or proposed for\na project not disapproved under the authority of this chapter.","path":["KRS Chapter 67A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=23986","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:29Z","sha256":"ddccd8e6312b2d3f5fa6fea4c04762d9745476d2db5e9939bb3e33136d3d5bde","source_id":"us-ky","stale":false,"prev":"us-ky/krs-67a.924","next":"us-ky/krs-67a.928"},"notice":"GroundRules: Original legal text. Not legal advice."}