68.190 Credit for payment of similar city tax.
Any amount paid to any city of the first class within such county as a license fee, for the <br>same privilege and for the same period, shall be credited against the county license fee <br>payable under subsections (1) and 2 of KRS 68.180. Any amount paid to any other city <br>within such county as a license fee, for the same privilege and for the same period, shall <br>be credited against the county license fee payable under subsections (1) and 2 of KRS <br>68.180, provided that such city, at least thirty (30) days prior to the beginning of any <br>county fiscal year, has contracted with the fiscal court to contribute annually to the <br>support of joint agencies of such county and one or more cities in the county, an amount <br>which bears the same ratio to the annual appropriation made for such joint agencies by a <br>city of the first class in the county, as the assessed valuations for county tax purposes, as <br>determined by the property valuation administrator, of the real and tangible personal <br>property, excluding franchises, located within the corporate limits of such other cities, <br>respectively, bears to the same assessed valuations within a city of the first class in said <br>county.
Effective: June 24, 2003 <br>History: Amended 2003 Ky. Acts ch. 117, sec. 21, effective June 24, 2003. -- Repealed
and reenacted Ky. Acts ch. 1990 Ky. Acts ch. 476, Pt. V, sec. 299, effective July 13, <br>1990. -- Amended 1965 (1st Extra. Sess.) Ky. Acts ch. 2, sec. 25. -- Created 1960 <br>Ky. Acts ch. 80, sec. 3.
68.190 Credit for payment of similar city tax.
Any amount paid to any city of the first class within such county as a license fee, for the <br>same privilege and for the same period, shall be credited against the county license fee <br>payable under subsections (1) and 2 of KRS 68.180. Any amount paid to any other city <br>within such county as a license fee, for the same privilege and for the same period, shall <br>be credited against the county license fee payable under subsections (1) and 2 of KRS <br>68.180, provided that such city, at least thirty (30) days prior to the beginning of any <br>county fiscal year, has contracted with the fiscal court to contribute annually to the <br>support of joint agencies of such county and one or more cities in the county, an amount <br>which bears the same ratio to the annual appropriation made for such joint agencies by a <br>city of the first class in the county, as the assessed valuations for county tax purposes, as <br>determined by the property valuation administrator, of the real and tangible personal <br>property, excluding franchises, located within the corporate limits of such other cities, <br>respectively, bears to the same assessed valuations within a city of the first class in said <br>county.
Effective: June 24, 2003 <br>History: Amended 2003 Ky. Acts ch. 117, sec. 21, effective June 24, 2003. -- Repealed
and reenacted Ky. Acts ch. 1990 Ky. Acts ch. 476, Pt. V, sec. 299, effective July 13, <br>1990. -- Amended 1965 (1st Extra. Sess.) Ky. Acts ch. 2, sec. 25. -- Created 1960 <br>Ky. Acts ch. 80, sec. 3.
68.190 Credit for payment of similar city tax.
Any amount paid to any city of the first class within such county as a license fee, for the <br>same privilege and for the same period, shall be credited against the county license fee <br>payable under subsections (1) and 2 of KRS 68.180. Any amount paid to any other city <br>within such county as a license fee, for the same privilege and for the same period, shall <br>be credited against the county license fee payable under subsections (1) and 2 of KRS <br>68.180, provided that such city, at least thirty (30) days prior to the beginning of any <br>county fiscal year, has contracted with the fiscal court to contribute annually to the <br>support of joint agencies of such county and one or more cities in the county, an amount <br>which bears the same ratio to the annual appropriation made for such joint agencies by a <br>city of the first class in the county, as the assessed valuations for county tax purposes, as <br>determined by the property valuation administrator, of the real and tangible personal <br>property, excluding franchises, located within the corporate limits of such other cities, <br>respectively, bears to the same assessed valuations within a city of the first class in said <br>county.
Effective: June 24, 2003 <br>History: Amended 2003 Ky. Acts ch. 117, sec. 21, effective June 24, 2003. -- Repealed
and reenacted Ky. Acts ch. 1990 Ky. Acts ch. 476, Pt. V, sec. 299, effective July 13, <br>1990. -- Amended 1965 (1st Extra. Sess.) Ky. Acts ch. 2, sec. 25. -- Created 1960 <br>Ky. Acts ch. 80, sec. 3.
