By Chris Otts
LOUISVILLE, Ky. (WDRB) — Louisville Mayor Greg Fischer’s local-option sales tax proposal will be the Kentucky House of Representatives’ top-priority legislation during the 2015 session of the General Assembly, which begins next month.
On Thursday, House Speaker Greg Stumbo’s office said the proposal to allow local governments to adopt a sales tax will be House Bill 1.
Fischer and Lexington Mayor Jim Gray, another big proponent of the legislation, will join Stumbo and other House leaders in unveiling the legislation at the Capitol on Friday.
If it passes the General Assembly in 2015, the proposal would still need to be ratified by voters in a statewide referendum in the fall of 2016.
According to last year’s version of the bill, city and county governments would be allowed to ask voters for an increase of up to 1 percentage point, on top of the statewide sales tax of 6 percent, to pay for local projects.
Voters in each city or county would have to approve the levy in an election. The tax would expire after a few years unless re-authorized by voters.
Copyright 2014 WDRB News. All rights reserved.