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  • Amend KRS 132.020 to provide that aircraft not used in the business of transporting persons or property for compensation or hire to be taxed at a state rate of $0.015 per $100 of value; amend KRS 132.200 to allow counties, cities, schools, or other taxing districts to exempt aircraft not used in the business of transporting persons or property for compensation or hire from local taxation.
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