Ky. Rev. Stat. § 96.179
Current through 2024 Ky. Acts ch.225
In lieu of taxes, the board may each year pay to each school district and municipality in which its property is located an amount equivalent to an annual ad valorem tax on the fair cash value of the property of the board located in each such jurisdiction, determined upon the tax rate prevailing in such year.
KRS 96.179
Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 300, effective7/13/1990. -- Created 1946 Ky. Acts ch. 212, sec. 11.