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Beshear takes action to halt surge in vehicle property taxes

TaxEO
Karyn Czar
/
Democrat Representative Angie Hatton and Governor Andy Beshear at a February 16th press conference in Frankfort

The Democratic governor signed an executive order Wednesday to spare Kentuckians from the sticker shock caused by escalating vehicle tax bills. It stems from a pandemic-related surge in used car values. Beshear says his executive order will amount to about $340 million in reduced vehicle property taxes.