KY HB313 | 2013 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 2)
Status: Passed on March 22 2013 - 100% progression
Action: 2013-03-22 - signed by Governor (Acts Chapter 94)
Text: Latest bill text (Draft #2) [MS Word]
Sponsorship: Partisan Bill (Democrat 2)
Status: Passed on March 22 2013 - 100% progression
Action: 2013-03-22 - signed by Governor (Acts Chapter 94)
Text: Latest bill text (Draft #2) [MS Word]
Summary
Amend KRS 132.020 to clarify that motor vehicles which have been consigned to a licensed motor vehicle dealer for sale and are in the possession of that dealer, although ownership has been retained by the consigner, are to be taxed as goods held for sale in the regular course of business as with all other motor vehicles held for sale in the inventory of a licensed dealer; amend KRS 132.028 to make similar clarification changes for purposes of the property tax levied on business inventories by cities or urban-county governments; amend KRS 132.200 to clarify that motor vehicles which have been consigned to a licensed motor vehicle dealer for sale are exempt from local property taxation as with all other motor vehicles held for sale in the inventory of a licensed dealer, and make technical corrections; amend KRS 134.810 to make conforming changes.
Title
AN ACT relating to motor vehicles.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-03-22 | House | signed by Governor (Acts Chapter 94) |
| 2013-03-12 | House | delivered to Governor |
| 2013-03-12 | House | enrolled, signed by each presiding officer |
| 2013-03-07 | House | received in House |
| 2013-03-07 | Senate | 3rd reading, passed 38-0 |
| 2013-03-07 | Senate | posted for passage in the Consent Orders of the Day for Thursday, March 7, 2013 |
| 2013-03-06 | Senate | reported favorably, 2nd reading, to Rules as a Consent Bill |
| 2013-03-05 | Senate | returned to Transportation (S) |
| 2013-03-05 | Senate | 1st reading |
| 2013-03-05 | Senate | taken from Transportation (S) |
| 2013-02-27 | Senate | to Transportation (S) |
| 2013-02-25 | Senate | received in Senate |
| 2013-02-22 | House | 3rd reading, passed 98-0 with Committee Substitute |
| 2013-02-20 | House | posted for passage in the Consent Orders of the Day for Friday, February 22, 2013 |
| 2013-02-20 | House | 2nd reading, to Rules |
| 2013-02-19 | House | reported favorably, 1st reading, to Consent Calendar with Committee Substitute |
| 2013-02-14 | House | posted in committee |
| 2013-02-12 | House | to Transportation (H) |
| 2013-02-11 | House | introduced in House |
