KY HB259 | 2014 | Regular Session
Status
Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on January 24 2014 - 25% progression, died in committee
Action: 2014-01-27 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Status: Introduced on January 24 2014 - 25% progression, died in committee
Action: 2014-01-27 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Summary
Amend KRS 139.531 to exempt from sales and use tax the sales of machinery, machinery attachments, repair parts, replacement parts, feed and feed additives, water, farm chemicals, on-farm equine facilities except barns, fuel to operate machinery, seed, and commercial fertilizer, if the property is purchased by a person regularly engaged in the occupation of breeding, raising, training, racing, or exhibiting equine as a business and the property is exclusively and directly used in that occupation; amend KRS 139.470 to conform; EFFECTIVE August 1, 2014.
Title
AN ACT relating to sales and use taxes.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2014-01-27 | House | to Appropriations & Revenue (H) |
2014-01-24 | House | introduced in House |
Kentucky State Sources
Type | Source |
---|---|
Summary | http://www.lrc.ky.gov/record/14RS/HB259.htm |
Text | http://www.lrc.ky.gov/record/14RS/HB259/bill.doc |