Kentucky HB830 amends the ad valorem tax exemption to include farm implements and farm machinery.
Kentucky HB830 modifies the state's tax code to exempt farm implements and farm machinery from ad valorem taxes. This change applies to property owned by or leased to individuals actively engaged in farming. The bill ensures these items are not subject to state, county, district, city, or school taxes. The exemption aligns with the intent to support agricultural operations by reducing their tax burden.
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