(A) Except for the initial tax rates mandated by KRS 67C.147, the Board shall establish appropriate tax rates annually to be applied to health insurance premiums and personal property within the District. The Metro Council shall, by ordinance, establish limits or parameters within which the Board may set the tax rates.
(B) The Board shall receive the income derived from the differential in tax rate applicable in the District with respect to personal property, health insurance premiums, or both, and shall contract with the Metro Government to pay all sums collected to the Metro Government, in return for the provision of services by the Metro Government within the District which services are in addition to services performed by the Metro Government in the remainder of the county.
(Lou. Metro Ord. No. 2-2003, approved 1-23-2003)