The title to all property acquired by the board may vest in the board or in any other governmental unit owning, operating or controlling an airport, or which has established an air board under this chapter, or in the cabinet. All property acquired for the establishment and maintenance of an airport shall be exempt from taxation and assessment to the same extent as other property used for public purposes. All fees charged by the board or collected by the board for the admission to or use of the airport or its facilities shall also be exempt from taxation.
KRS 183.138
Title to property acquired by board -- Tax exemptions
Applied in 3 court decisions — leading case Standard Oil Co. v. Boone County Board of Supervisors (1978)
Most recently applied in Pike County Board of Assessment Appeals & Revenue Cabinet v. Friend (May 1996)
History: Amended 1964 Ky
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.