By Beth Musgrave
FRANKFORT — The Kentucky House overwhelmingly approved a measure Friday that would beef up reporting requirements for special taxing districts, such as libraries and sewer districts.
House Speaker Greg Stumbo, the sponsor of House Bill 1, said special taxing districts are responsible for $2.7 billion in tax dollars yet the statutes overseeing the districts are confusing. The bill would clarify reporting and audit requirements and would add teeth to laws that require the districts to report their finances.
The measure comes after State Auditor Adam Edelen released a report last year showing little oversight of taxing districts.
The bill moves to the Senate after the House approved it 96-1. Rep. Lynn Bechler, R-Marion, was the only no vote.
Filed Under: State Government