The House Elections and Constitutional Amendments Committee advanced HB 399 this morning by a 6-3 vote. The measure, supported by the Kentucky Chamber, numerous local chambers and other statewide entities, would permit local governments to place on the ballot for voter approval up to a one cent additional sales tax to pay for voter approved local investments. The tax would go away once the project was completed. As cash-strapped local governments struggle to keep up with expenses, this would provide an option to fund investments if voters approved.
HB 399 is a constitutional amendment, which means it will require a three-fifths vote of the House and Senate and then would have to be approved by voters statewide before a local election could occur. To learn more about this legislation and to make your opinion heard, visit LIFTKentucky.com.