Lawmakers could compromise on tax oversight bill

FRANKFORT, Ky. (AP) - As the legislative session comes to an end, the House and Senate will try to reconcile their differences over a bill that would strengthen accountability of Kentucky's 1,200-plus taxing districts, which collect revenue for services including fire protection and libraries.

House Speaker Greg Stumbo told reporters Tuesday that lawmakers from both chambers will likely try to hammer out a solution in a conference committee.

The original proposal in the Democratic-led House calls for more oversight of the districts, requiring them to file annual financial reports with an online state registry. But the Senate, which has a Republican majority, amended the bill to go further, giving county officials the ability to veto increases in taxes and fees. The change lacks support from House democrats.

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The legislation is House Bill 1.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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