Summary of Original Version

Create a new section of KRS Chapter 132 to establish an electronic process for listing tangible personal property for property tax purposes; establish waiver requirements and department responsibilities; create a new section of KRS Chapter 134 to require taxpayers to register with property valuation administrators and provide an active e-mail address for electronic communication; establish waiver requirements and a processing fee; create a new section of KRS Chapter 133 to prohibit the retention of the property valuation administrator's office's storage paper documents for longer than two years when the same documents are also stored by digital means; APPROPRIATION.