Kentucky SB 130: AN ACT relating to TVA in-lieu-of-tax payments and making an appropriation therefor. 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 0% currently to 50% or a maximum of $6,000,000.

Status: To Appropriations & Revenue (S) (as of 2017-02-08)

State: Kentucky · Session: 2017RS · Bill: SB 130

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