KY HB591 | 2021 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 23 2021 - 25% progression, died in committee
Action: 2021-02-23 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amend KRS 154.32-010 to further define manufacturer as a producer of ammunition, firearms, personal protective equipment, and over-the-counter drugs; define "ammunition," "firearms," "over-the-counter drugs," and "personal protective equipment"; amend KRS 154.32-020 to declare a purpose of the subchapter is to provide an economic stimulus to bolster in-state production of ammunition, firearms, over-the-counter drugs, personal protective equipment and allow facilities that produce ammunition, firearms, personal protective equipment, and over-the-counter drugs to qualify for tax incentives under the subchapter; amend KRS 154.32-060 to allow for facilities that are rehabilitated or replaced in order to produce these items to be eligible for tax benefits under the subchapter; amend KRS 154.34-010 to include a facility that reinvests in the production of ammunition, firearms, personal protective equipment, and over-the-counter drugs.

Tracking Information

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Title

AN ACT relating to production and manufacturing.

Sponsors


History

DateChamberAction
2021-02-23Houseto Committee on Committees (H)
2021-02-23Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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