HB 406/LM (BR 1275) - Jo. Turner, H. Cornett, E. Ballard, I. Branham, P. Childers, J. Gooch, K. Hall, R. Nelson, M. Rader, B. Smith, J. Stewart, T. Turner, R. Webb, B. Yonts
AN ACT relating to economic assistance to local governments.
Amend KRS 42.450 to phase-in an increase the amount of coal severance and processing tax receipts in the general fund to be transferred to the local government economic assistance fund from 50% in 2002 to 100% in 2010; amend KRS 42.470 to eliminate distribution to noncoal producing impact counties; amend KRS 42.460, 11A.233, 65.920, 154.12-2086, 154.12-224, 154.47-035, and 154.47-070 to conform; repeal KRS 42.4582, 42.4585, 42.4586, 42.4588, 42.4592, and 45.4595; EMERGENCY.
Jan 17-introduced in House
Jan 18-to Local Government (H)