FRANKFORT — The Kentucky House overwhelmingly approved a measure Friday that would beef up reporting requirements for special taxing districts, including 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 House approved the bill, 96 to 1, and it now moves to the Senate. Rep. Lynn Bechler, R-Marion, cast the only no vote.