{"data":{"id":"us-ky/krs-91.260","jurisdiction":"us-ky","citation":"KRS 91.260","heading":"Ad valorem taxes -- Taxes based on income, licenses and franchises --","body":"Exemption of manufacturing establishments, including qualified data centers.\n(1) Each city of the first class shall raise a revenue from ad valorem taxes and from\ntaxes based on in come, licenses and franchises. The board of aldermen may each\nyear, by ordinance, levy an ad valorem tax on all real and personal property subject\nto taxation for city purposes, at a rate within the limits prescribed in the\nConstitution, and may provide fo r taxation, for city purposes, on personal property\nbased on income, licenses or franchises in lieu of an ad valorem tax thereon, but\nmay not omit the imposition of an ad valorem tax on the taxable personal property\nof any steam, railroad, street railway, ferry, bridge, gas, water, heating, telephone,\ntelegraph, electric light or electric power company, and may not levy or collect an\nincome tax.\n(2) The board of aldermen shall provide for the collection of all taxes imposed under\nthis section.\n(3) (a) The b oard of aldermen may by ordinance exempt manufacturing\nestablishments, including qualified data centers, from city taxation for a\nperiod not exceeding five (5) years, as an inducement to their location within\nthe city limits.\n(b) As used in this subsection:\n1. \"Data center\" means a structure or portion of a structure that is\npredominantly used to house and continuously operate computer servers\nand associated telecommunications, electronic data processing or\nstorage, or other similar components;\n2. \"Overall tier rating\" means the overall tier rating of a data center\naccording to the TIA -942 Telecommunications Infrastructure Standard\nfor Data Centers established by the Telecommunications Industry\nAssociation and published in April 2005, exclusive of any amendm ents\nmade subsequent to that date; and\n3. \"Qualified data center\" means a data center having an overall tier rating\nof three (3) or four (4) on the assessment date of a given taxable year, as\nestablished by the owner thereof.","path":["KRS Chapter 91"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=44919","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:48Z","sha256":"f5da7bd20b1475ea1c8c88e943781e64cad2e7c5086ccf84440d75331edecd12","source_id":"us-ky","stale":false,"prev":"us-ky/krs-91.250","next":"us-ky/krs-91.265"},"notice":"GroundRules: Original legal text. Not legal advice."}