New laws are going into effect for the new 2024 season within the Commonwealth of Kentucky. Here are some of the new 2024 laws: State income tax will decrease from 4.5% to 4% on January 1st. If the state meets the requirements for the year 2024 taxes will be lowered to 3.5% in 2025. Insurance and bio-marketing, another bill coming into effect, will require health insurers and Medicaid to cover biomarker tests. These tests analyze a person’s genes and help doctors decide the best medicine to treat the patient with. Lawmakers also said the test must be offered at a minimal cost, but this requirement would only apply to health benefit plans issued or renewed after Jan. 1, 2024. Registered sex offenders will have new rules to follow when they move to a new county or are homeless. The new law requires sex offenders to notify their parole officer of the new address,county, and report to the new county’s parole officer before they move. If they don’t have a permanent home, they have to report to their parole officer every thirty days to inform them of where they are staying and who’s there. A new fee will be charged for people who drive electric vehicles. People who drive electric vehicles will owe the state $120 a year to help pay for Kentucky’s road fund. Hybrid or electric vehicle motorcycle owners will pay a $60 ownership fee. This fee will help improve roads and infrastructure in the bluegrass. Starting January 1st, 2024, all county clerk offices will pause all vehicle registration, disabled parking permits, and license plates. But should start back up as normal on January 8th. DMV drivers will no longer have to give up their license plates when they sell or transfer a car. “This change is helping drivers” states Governor Andy Beshear of the Commonwealth of Kentucky. The issue of having to forfeit your license plate amidst every transfer of your personal motor vehicle has long been a thorn in the side of motorists within the state. Regardless, it is important to keep aware of the new laws going into affect, and how they could benefit, or even hurt you.
