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Beshear said unlike the federal government, he believes we can cut taxes without leaving people behind. FRANKFORT, Ky. — Gov.
Property taxes in Kentucky have dropped for the fifth consecutive year — the 2025 rate will lower to 10.6 cents per $100 assessed value, down from 10.9 cents in 2024, ...
A proposal to freeze the property taxes of Kentucky residents age 65 and older who own their home and reside there was passed by the state Senate.
FRANKFORT, Ky. — Kentucky lawmakers have advanced a proposed constitutional amendment meant to protect older homeowners from having to pay higher property taxes. The measure cleared the Senate ...
Kentucky state government revenue grew by only a fraction of 1% in the fiscal year that ended June 30. Receipts to the ...
FRANKFORT, Ky. (AP) — Kentucky lawmakers have advanced a proposed constitutional amendment meant to protect older homeowners from having to pay higher property taxes. The measure cleared the ...
Kentucky to provide additional tax relief through 2025-2026 ... That’s why we’ve lowered income and property taxes, ... The 2025-2026 exemption reflects a $2,750 change from the 2023–2024 ...
Kentucky Property Tax Breaks for Retirees For homeowners 65 and older , $49,100 of the assessed value of residential property is exempt from Kentucky taxes for 2024. Kentucky gas tax ...
Kentucky has a system to cut the income tax rate annually, so long as budget triggers are met. A new bill passed out of the legislature makes hitting those triggers easier.
Homeowners in Kentucky benefit from a low property tax rate. The state’s average effective property rate is just 0.80%, which is below the national average.
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