Kentucky legislation · 2026 Regular Session
Kentucky SB51: AN ACT proposing to create a new section of the Constitution of Kentucky relating to property exempt from taxation.
Status: In committee, March 6, 2026
Propose to create a new section of the Constitution of Kentucky to exempt homeowners who are 65 years of age or older from any increase in the valuation of their permanent residence that is assessed after the later of the year the homeowner turned 65 or the year the homeowner acquired the property; require the exemption to be in addition to the exemption provided in Section 170 of the Constitution of Kentucky and notwithstanding Sections 171, 172, and 174 of the Constitution of Kentucky; apply the exemption to increases in valuation that occur after the date the amendment is ratified by the voters; provide ballot language; submit to voters for ratification or rejection.
What the bill says
An act proposing to create a new section of the Constitution of Kentucky relating to property exempt from taxation.
From the introduced text:
AN ACT proposing to create a new section of the Constitution of Kentucky relating to property exempt from taxation. Be it enacted by the General Assembly of the Commonwealth of Kentucky: Section 1. Are you in favor of providing an additional property tax exemption for the permanent residence of an owner who is 65 years of age or older by amending the Constitution of Kentucky to read as stated below? SECTION 2. IT IS PROPOSED THAT A NEW SECTION BE ADDED TO THE CONSTITUTION OF KENTUCKY TO READ AS FOLLOWS: For real property maintained as the permanent residence of an owner who is sixty-five years of age or older, there shall be exempt from the assessment of ad valorem taxation any increase in the valuation of the real property that is assessed after the later of the year the owner turns sixty-five years of age or the year the owner acquired the real property. This exemption shall be in addition to the exemption provided to the property in Section 170 of this Constitution and is notwithstanding provisions of Sections 171, 172, and 174 of this Constitution to the contrary. Section 3. This amendment shall be submitted to the voters of the Commonwealth for their ratification or rejection at the time and in the manner provided for under Sections 256 and …
Sponsors
- Mike Nemes (R, SD-038) · primary sponsor
- Mike Wilson (R, SD-032)
- Julie Raque Adams (R, SD-036)
- Jared Carpenter (R, SD-034)
- Matthew Deneen (R, SD-010)
- Donald Douglas (R, SD-022)
- Shelley Funke Frommeyer (R, SD-024)
- Rick Girdler (R, SD-015)
- Jimmy Higdon (R, SD-014)
- Scott Madon (R, SD-029)
- Amanda Mays Bledsoe (R, SD-012)
- Stephen Meredith (R, SD-005)
Latest actions
- : to Appropriations & Revenue (H)
- : to Committee on Committees (H)
- : received in House
- : 3rd reading, passed 37-0
- : passed over and retained in the Orders of the Day
- : passed over and retained in the Orders of the Day
- : floor amendments (1) and (2-title) filed
- : posted for passage in the Regular Orders of the Day for Tuesday, January 20, 2026
- : 2nd reading, to Rules
- : reported favorably, 1st reading, to Calendar
Votes
- Senate: PASS SB 51 RSN# 3775 (January 22, 2026): 37 yea, 0 nay, passed
Subjects: Elections And Voting, Secretary Of State, Taxation, Fiscal Note, Aged Persons And Aging, Local Mandate, Taxation, Property, Constitution, Ky.
Common questions
- What is SB51?
- SB51 is a bill in the Kentucky Legislature (2026 Regular Session): AN ACT proposing to create a new section of the Constitution of Kentucky relating to property exempt from taxation.
- What does SB51 do?
- In its own words: An act proposing to create a new section of the Constitution of Kentucky relating to property exempt from taxation.
- What is the status of SB51?
- In committee as of March 6, 2026. Latest action: to Appropriations & Revenue (H) (March 6, 2026).
- Who sponsored SB51?
- Mike Nemes (R, SD-038), with 11 co-sponsors.
- Where is the official record for SB51?
- On the Kentucky Legislature website: https://apps.legislature.ky.gov/record/26rs/sb51.html
Source: official Kentucky record. Tracked by Delilah, AI for legislation across all 50 states and Congress.