KLC 2020 Legislative Update

10) FISCAL MATTERS
House Bill 351
REVENUE MEASURES
Sponsor: Representative Steven Rudy (R-Paducah)
HB 351 amends KRS 138.140 to impose an excise tax upon every distributor of vaping products
at $1.50 per cartridge on closed vapor cartridges and 15% of the price a distributor sells an open
vaping system consisting of a refillable liquid solution for vaping.
The bill additionally includes several measures related to local governments:
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KRS 103.200 is amended to allow local governments to issue financing bonds for construction of
facilities for solar-generated electricity.
KRS 132.195 and 132.200 are amended to exclude privately owned leasehold interests in
residential property owned by a purely public charity from local ad valorem taxation if an
exemption is approved by the county, city, school, or other taxing district in which the residential
property is located. The amendment applies to privately owned leasehold interests assessed after
January 1, 2021.
KRS 132.285 is amended to increase the cost payable to the property valuation administrator from
$60,000 to $100,000 for use of assessed values for ad valorem tax purposes by a city having an
assessment subject to city ad valorem tax of $6 billion or more.
KRS 139.495 is amended to clarify that golf course admissions are taxable unless the sale is the
result of a fundraising event held by a nonprofit qualifying under Section 501(c)(3) of the Internal
Revenue Code or a governmental entity effective August 1, 2020.
KRS 39A.100 is amended to allow the governor, upon recommendation of the secretary of state, to
declare by executive order a different time, place, or manner for holding elections in an election
area for which a state of emergency has been declared for a part or all of the election area. Any
procedures established shall be subject to approval by the secretary of state and governor by
respective executive orders.
Noncodified language is included expiring June 30, 2022, that requires any legal advertisement
required to be published by a city or county in accordance with KRS Chapter 424 to include the
following statement at the end of the advertisement: “This advertisement was paid for by [insert the
name of the governmental body] using taxpayer dollars in the amount of $ [insert the amount paid for
the advertisement].”
state.
An emergency is declared. HB 351 became law on April 15, 2020, when delivered to the secretary of
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