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Create a new section of KRS Chapter 65 to prohibit any local government from entering into any future collective bargaining agreement; grandfather existing collective bargaining rights; amend KRS 160.160, relating to local boards of education, to prohibit any board of education from entering into any future collective bargaining agreement; grandfather existing collective bargaining rights; amend KRS 304.48-250 and 304.50-055 to make technical changes; amend various other sections to remove references to collective bargaining; repeal various sections of the Kentucky Revised Statutes; amend various sections of the Kentucky Revised Statutes to conform; provide that the Act may be cited as the Taxpayer Protection Act; EMERGENCY.