160.472 Determination of maximum permissible school district revenue. Notwithstanding any provisions of this chapter to the contrary, the tax rate on motor vehicles and trailers for the preceding year shall be applied to the preceding year's total valuation of such motor vehicles and trailers and the resulting amount added t o the revenue from other tangible personal property for purposes of determining the maximum permissible school district revenue under KRS 160.470. Effective: July 13, 1990 History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 441, effective Ju ly 13, 1990. -- Created 1978 Ky. Acts ch. 371, sec. 6, effective January 1, 1981.
Kentucky Legal Code