All property which a city acquires for the establishment and maintenance of a recreational project under KRS 97.100 to 97.240 shall be exempt from taxation to the same extent as other public property used for public purposes. All fees charged or collected for the admission to or the use of such a project shall be exempt from taxation.
KRS 97.130
Property and admission fees to be tax-exempt
Applied in 1 court decision — leading case City of Owensboro v. Department of Revenue (1950)
Most recently applied in City of Owensboro v. Department of Revenue (November 1950)
Effective: October 1, 1942 History: Recodified 1942 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.