HB492 - AN ACT relating to local fiscal administration.

2 Co-Sponsors

Creates a new section of KRS Chapter 65 to define “qualified local government,” to require that each employee of a qualified local government who has access to federal tax information submit to a criminal background check by the Department of Kentucky State Police and the Federal Bureau of Investigation, to require that the fee charged by the Department of Kentucky State Police be no more than the actual cost of processing the background check, and to authorize the Department of Kentucky State Police to promulgate administrative regulations necessary to implement this section; and amends KRS 68.197 to state that occupational license taxing continues to apply in territory annexed pursuant to KRS 81A.415, but that a city shall remit payments to the county to match the revenue the county received prior to the annexation.