Kentucky 2023 Regular Session Status: In Committee

HB 333 — AN ACT relating to the valuation of multi-unit rental housing subject to government restriction on use.

Last action — to Appropriations & Revenue (H)

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2023 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amend KRS 132.010 to add definitions for "government restriction on use," "low-income," and "multi-unit rental housing"; amend KRS 132.191 to allow the valuation of multi-unit rental housing that is subject to government restriction on use to be calculated using specific methods; disallow the inclusion of income tax credits in the methods; require the owner of the multi-unit rental housing to provide notifications and file a form with the property valuation administrator; allow penalty up to $200 for noncompliance; require the Department of Revenue to promulgate administrative regulations.

Bill Text

Action History

  1. to Appropriations & Revenue (H)

  2. to Committee on Committees (H)

  3. introduced in House

Sponsorship breakdown

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0 sponsors · 0 co-sponsors · 138 not signed on

Sponsors (0)

None.

Co-sponsors (0)

None.

Not signed on (138)

138 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation housing
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Frequently asked questions

What does HB 333 do?
Amend KRS 132.010 to add definitions for "government restriction on use," "low-income," and "multi-unit rental housing"; amend KRS 132.191 to allow the valuation of multi-unit rental housing that is subject to government restriction on use to be calculated using specific methods; disallow the inclusion of income tax credits in the methods; require the owner of the multi-unit rental housing to provide notifications and file a form with the property valuation administrator; allow penalty up to $200 for noncompliance; require the Department of Revenue to promulgate administrative regulations.
What is the current status of HB 333?
This bill died with 2023 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 333?
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Last checked for changes 2 months ago · updated continuously

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