Creates a new section of KRS 75.100 to 75.260 to require a fire protection district, volunteer fire department district, or subdistrict to host a public hearing and provide notice of the hearing when making a change to fire protection services involving communications, firefighting resources, or water supply that will likely downgrade fire service ratings.

Creates a new section of KRS Chapter 16 to require the Department of Kentucky State Police to create and operate the Kentucky Ashanti Alert System to provide public notification through the use of media providers and highway signs when an adult is missing and may have been abducted or kidnapped or may be in physical danger and the Kentucky Ian Alert System to provide public notification through the use of media providers and highway signs when a child is missing and may be in physical danger; and amends KRS 16.010 to define “missing adult” and “missing child.

Amend KRS 431.520 to prohibit individuals who are subject to a protective order under KRS Chapter 403 or 456 from being released on the surety of, or deposit paid by, a person protected by the protective order.

Create a new section of KRS Chapter 367 to define "pharmaceutical company" and "advertisment" and prohibit all advertisements for pharmaceuticals to the general public; amend KRS 367.990 to establish a penalty for a violation.

Create a new section of KRS Chapter 422 to establish standards and procedures for access to copies of patient medical records or charts for a patient who is under the age of eighteen.

Repeal and reenact various sections of KRS Chapter 383 to update the Uniform Residential Landlord and Tenant Act; create new sections of KRS Chapter 383 to conform; amend KRS 383.715 to conform; repeal KRS 383.300, 303.302, 383.500, 383.505, 383.515, 383.525, 383.540, 383.580, 383.620, and 383.665.

Amend KRS 150.170 to remove the requirement that resident landowners must own five or more acres of farmland in order to be exempt from sport hunting license requirements when hunting on their own lands; remove the farmland owner sport fishing license exemption; allow any person fishing on private property with the permission of the landowner to do so without procuring a sport fishing license.

Amend KRS 161.155 to require school districts to provide a teacher or other employee leave with no loss of income or benefits for 60 school days following an assault against the teacher or employee that results in a physical injury; specify the terms of the leave; require the school district to pay for mental health services of the teacher or employee's choosing during the leave period; amend KRS 158.150 to require a local board of education to adopt a policy requiring expulsion when a student physically assaults or batters school personnel; provide that the policy may permit case-by-case modifications with the consent of the victim; permit the safety of school personnel to be a factor in issuing suspensions and expulsions of primary school students; amend KRS 158.154 to remove the requirement that a physical injury be serious to require a principal to report an assault to law enforcement; amend KRS 158.155 to require mandatory reporters to report assault, battery, or abuse of school personnel or students on school property.

Amend KRS 132.810 to remove the requirement that totally disabled persons filing for the homestead exemption apply annually and only require a person to reapply if the disability status of the person changes; create a new section of KRS Chapter 140 to sunset inheritance and estate taxes; repeal KRS 140.130 and 140.140 to conform; EMERGENCY.

Amend KRS 132.810 to require the assessed value of property qualifying for the homestead exemption with an owner who is 65 years of age or older be assessed at a value that is equal to or less than the value of the property in the year the owner turns 65 or the year the owner purchased the property, whichever occurs later; apply to property assessed on or after January 1, 2025.

Create a new section of KRS Chapter 164 to define terms; provide that a student or employee of a public postsecondary education institution shall not be penalized, discriminated against, or receive any adverse treatment due to the individual's refusal to support or endorse any divisive concept; provide that a student or employee of a public postsecondary education institution shall not be required to endorse a specific ideology or political viewpoint to be eligible for hiring, contract renewal, tenure, promotion, or graduation and prohibit an institution from inquiring into the individual's political or social viewpoints; provide that any person aggrieved by a violation of this Act has a cause of action against the institution for damages and costs of no less than $1,000 and no more than $100,000 per violation; waive sovereign, governmental, and qualified immunity; require the job duties of any individual employed in a diversity, equity, and inclusion role to include the promotion of intellectual diversity; provide that nothing in the section shall be interpreted to infringe upon designated rights of an institution's ability to comply with state or federal law or accreditation standards; require each public postsecondary education institution to conduct a survey in 2025 and 2027 of the institution's students and employees to assess the campus climate with regard to diversity of thought and the respondents' comfort level in speaking freely on campus, regardless of political affiliation or ideology.

Amend KRS 141.019 to increase the retirement distribution exclusion from $31,110 to $41,110 for taxable years beginning on or after January 1, 2025.

Amend KRS 186.174, regarding personalized license plates, to eliminate fees for a personalized standard issue license plate in excess of those identified in KRS 186.162; require the Transportation Cabinet to refund any fees for personalized license plates in excess of the fees identified in KRS 186.162 that were paid between July 14, 2022, and the effective date of the Act; APPROPRIATION; EMERGENCY.

Amend KRS 139.480 to exempt currency and bullion from sales and use tax; EFFECTIVE August 1, 2024.

Amend KRS 132.810 to remove the requirement that the homestead exemption be construed to mean $6,500 in terms of the purchasing power of the dollar in 1972 and the cost-of-living indexing requirement; require the amount of the homestead exemption to be 50% of the first $250,000 in assessed value for qualifying real property; EFFECTIVE only upon the ratification by voters of an amendment to Section 170 of the Kentucky Constitution.