Find Legal Information

160.593 Levy of occupational license tax, utility gross receipts license tax, or excise tax for schools.

Download pdf

160.593 Levy of occupational license tax, utility gross receipts license tax, or excise tax for schools. (1) Any board of education of a school district may, after compliance with the public hearing requirement contained in KRS 160.603, levy school taxes authorized by <br>KRS 160.593 to 160.597, 160.601 to 160.633, and 160.635 to 160.648. The <br>imposition of any tax levied under the provisions of 160.593 to 160.597, 160.601 to <br>160.633, and 160.635 to 160.648 shall be limited to the territory of the school <br>district except as provided in subsection (2) of this section. (2) Two (2) or more boards of education may agree in writing to levy identical school taxes authorized by KRS 160.605 to 160.611, 160.613 to 160.617, and 160.621 to <br>160.633. After the levying in each district so agreeing of a tax under the terms of <br>such agreement, the receipts from said tax shall be held in a common fund and <br>disbursed therefrom to each district on the basis of average daily attendance, as set <br>forth in KRS 160.644. Any districts levying taxes under the terms of such an <br>agreement shall be deemed to constitute a combined taxing district for the purposes <br>of reference in KRS Chapter 160. Effective: July 13, 1990 <br>History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 455, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 43, sec. 1, effective July 13, 1984. -- <br>Amended 1982 Ky. Acts ch. 98, sec. 1, effective July 15, 1982. -- Amended 1978 <br>Ky. Acts ch. 155, sec. 82, effective June 17, 1978. -- Amended 1976 Ky. Acts <br>ch. 127, sec. 8. -- Amended 1974 Ky. Acts ch. 125, sec. 1; and ch. 308, sec. 35. -- <br>Amended 1972 Ky. Acts ch. 203, sec. 19; and ch. 271, sec. 1. -- Created 1966 Ky. <br>Acts ch. 24, Part III, sec. 1.