<br><br>68.195 Construction of KRS 68.180 to 68.195. <br>(1) Nothing in KRS 68.180 to 68.195 shall be construed to repeal, amend, or affect in <br>any way the provisions of KRS 243.060. <br>(2) KRS 68.180 to 68.195 shall not in any wise repeal, amend, affect or apply to any <br>existing statute exempting property from local taxation or fixing a special rate on <br>proper classification or imposing a state tax which is declared to be in lieu of all <br>local taxation, nor shall it be construed to authorize a county to require any <br>company that pays both an ad valorem tax and a franchise tax to pay a license tax. <br>(3) KRS 68.180 to 68.195 shall not be construed as repealing KRS 91.200, or 92.281 or <br>any of the laws of the Commonwealth relating to the levy of license taxes, but shall <br>be held and construed as ancillary and supplemental thereto. <br>Effective: June 16, 1960 <br>History: Created 1960 Ky. Acts ch. 80, secs. 4, 5, and 6, effective June 16, 1960. <br><br>