KY HB216 | 2013 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 5 2013 - 25% progression, died in committee
Action: 2013-02-06 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]

Summary

Amend KRS 143A.010 to amend the definition of "processing" to include the act of loading or unloading limestone that has not otherwise been severed or treated in the Commonwealth; make technical corrections; amend KRS 143A.035 to allow a credit for substantially identical severance or processing taxes paid to another state or political subdivision thereof; provide that no taxpayer may claim a total amount of credit that exceeds his or her tax liability; make technical corrections; EFFECTIVE August 1, 2013.

Tracking Information

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Title

AN ACT relating to the natural resources severance and processing tax.

Sponsors


History

DateChamberAction
2013-02-06Houseto Appropriations & Revenue (H)
2013-02-05Houseintroduced in House

Kentucky State Sources


Bill Comments

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