KY HB162 | 2011 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on January 4 2011 - 25% progression, died in committee
Action: 2011-02-14 - posted in committee
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]

Summary

Amend KRS 138.4602 allowing a trade-in allowance for new vehicles purchased on or after July 1, 2011, but before July 1, 2013, and providing that the total amount of reduced tax receipts related to the trade-in allowance be capped at $25 million.

Tracking Information

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Title

AN ACT relating to motor vehicle usage tax.

Sponsors


History

DateChamberAction
2011-02-14 posted in committee
2011-01-05 to Appropriations & Revenue (H)
2011-01-04 introduced in House

Kentucky State Sources


Bill Comments

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