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HB 663

AN ACT relating to a property tax installment payment program.

2026 Regular Session Introduced by Beverly Chester-Burton and 1 co-sponsor

HB 663 establishes a property tax installment program allowing eligible owners to pay real property taxes in scheduled installments instead of a lump sum.

to Appropriations & Revenue (H)
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WeVote Research Nonpartisan
Bill Summary · HB 663

Summary of HB 663 (2026 Regular Session, Kentucky)

Purpose and intent

HB 663 is an act relating to a property tax installment payment program. The bill aims to establish or modify a program that allows property owners to pay their property taxes in installments rather than in a single lump sum. The overarching goal is to improve tax affordability and timely collection by offering a structured payment option.

Key provisions and changes

  • Establishment of an installment program: Creates or clarifies a framework for paying property taxes over multiple installments. This typically involves monthly or periodic payments rather than a single annual payment.
  • Eligibility criteria: Sets criteria for which property owners can participate (e.g., homeowners, possibly excluding certain properties such as commercial, agricultural, or properties with delinquent status). It may also specify limits on which taxes (e.g., real property taxes, special assessments) can be included.
  • Payment terms and schedule: Defines the frequency (monthly, quarterly), duration (number of installments), and start/end dates for the payment plan. May include steps for enrollment and renewal.
  • Interest and penalties: Addresses how interest, penalties, or late fees are calculated on outstanding balances under installment plans, and whether any waivers or reduced rates apply to on-time installments.
  • Administration and oversight: Identifies the agency responsible for administering the program (likely the Department of Revenue or a county tax administrator) and may authorize regulations or guidance to implement the program.
  • Default and remedies: Outlines consequences of missed payments or default, including potential acceleration of the remaining balance, removal from the program, or administrative actions.
  • Privacy and appeals: May include confidentiality provisions about tax information and a process for taxpayers to appeal enrollment decisions or for fee adjustments.
  • Funding and readiness: If applicable, provisions about funding for the program’s administration (staff, technology, outreach) and any required reports to the legislature.

Who would be affected

  • Property owners eligible for the program: Individuals or entities that meet the defined criteria could enroll to pay real property taxes in installments.
  • Local and state tax administrators: Agencies responsible for implementing, monitoring, and collecting installment payments would administer the program, process enrollments, and handle accounts.
  • Taxpayers with delinquent balances: Depending on the bill’s structure, the program could provide a managed path to reduce delinquency through predictable installments, while penalties for delinquencies may be adjusted.

Procedural and timeline aspects

  • Introductory routing: The bill was introduced on February 18, 2026, and referred to the Committee on Committees (H) and then to Appropriations & Revenue (H) on February 25, 2026, indicating consideration by the relevant fiscal and revenue-focused committees.
  • Operational timeline: If enacted, the program would become effective on a specified date (often July 1 or fiscal year start) with enrollment periods and implementation milestones to be established by administrative rules.
  • Reporting: There may be requirements for periodic reporting to the General Assembly on participation rates, cost, and impact on tax collection.

Notes

  • The provided summary is based on the bill’s title and typical structure of property tax installment programs. If enacted, exact definitions, eligibility, rates, and administrative details will be clarified in the bill’s full text and any accompanying fiscal note or committee amendments.

Compiled from official sources — confirm details with the bill’s official record.

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