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]

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.

Tracking Information

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Title

AN ACT relating to motor vehicles.

Sponsors


History

DateChamberAction
2013-03-22Housesigned by Governor (Acts Chapter 94)
2013-03-12Housedelivered to Governor
2013-03-12Houseenrolled, signed by each presiding officer
2013-03-07Housereceived in House
2013-03-07Senate3rd reading, passed 38-0
2013-03-07Senateposted for passage in the Consent Orders of the Day for Thursday, March 7, 2013
2013-03-06Senatereported favorably, 2nd reading, to Rules as a Consent Bill
2013-03-05Senatereturned to Transportation (S)
2013-03-05Senate1st reading
2013-03-05Senatetaken from Transportation (S)
2013-02-27Senateto Transportation (S)
2013-02-25Senatereceived in Senate
2013-02-22House3rd reading, passed 98-0 with Committee Substitute
2013-02-20Houseposted for passage in the Consent Orders of the Day for Friday, February 22, 2013
2013-02-20House2nd reading, to Rules
2013-02-19Housereported favorably, 1st reading, to Consent Calendar with Committee Substitute
2013-02-14Houseposted in committee
2013-02-12Houseto Transportation (H)
2013-02-11Houseintroduced in House

Kentucky State Sources


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