Kentucky HB 114: AN ACT relating to TVA in-lieu-of-tax payments, making an appropriation therefor, and declaring an emergency. Amend KRS 96.895 to require that a portion of the Tennessee Valley Authority (TVA) in-lieu-of-tax revenue deposited in the general fund be distributed to agencies designated by counties that have TVA property located in that county or purchase power from TVA, increasing from zero percent currently to 50 percent or a maximum of $6,000,000; APPROPRIATION; EMERGENCY.

Status: Signed by Governor (Acts, ch. 129) (as of 2018-04-10)

State: Kentucky · Session: 2018RS · Bill: HB 114

Sponsors: B. Rowland, J. Carney, J. DeCesare, J. Gooch Jr., J. Hoover, J. Petrie, J. Richards, K. Imes, K. Upchurch, L. Bechler, M. Castlen, M. Dossett, M. Meredith, M. Prunty, R. Heath, R. Mills, R. Nelson, S. Miles, S. Riley, W. Coursey, W. Stone, W. Thomas

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