04RS HB97

HB97

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HB 97/FN (BR 2) - R. Thomas, T. McKee, R. Adams, R. Adkins, J. Arnold Jr, A. Arnold, C. Belcher, B. Buckingham, M. Cherry, J. Comer, M. Denham, D. Ford, J. Gooch, C. Hoffman, R. Mobley, F. Nesler, S. Nunn, D. Pasley, R. Rand, D. Sims, T. Thompson, R. Webb, R. Wilkey, B. Yonts

     AN ACT relating to income tax.
     Amend KRS 141.010 to exclude any amounts received from a tobacco quota buydown.

HB 97 - AMENDMENTS


     SFA (1, R. Sanders Jr) - Amend KRS 131.602, regarding the Tobacco Master Settlement model act, to require nonparticipating manufacturers to base their escrow payment on account of units sold in the State, just as participating manufacturers are required to do with regard to their Master Settlement Agreement payments.

     SFA (2/Title, R. Sanders Jr) - Make title amendment.

     CCR - Request free conference committee.

     FCCR/Title - Amend KRS 141.010 to exempt moneys received from a tobacco quota buyout from the state income tax; amend KRS 131.602 to require nonparticipating manufacturers to base their escrow payments on the number of cigarette units sold in the state; amend KRS 131.620 to allow the Attorney General to promulgate administrative regulations requiring nonparticipating manufacturers to make quarterly escrow payments and to produce information sufficient to enable the Attorney General to determine the adequacy of the escrow payments; make title amendment.

     (Prefiled by the sponsor(s).)

     Jan 6-introduced in House; to Agriculture and Small Business (H)
     Jan 9-reassigned to Appropriations and Revenue (H)
     Jan 12-posting waived
     Jan 13-reported favorably, 1st reading, to Calendar
     Jan 14-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for January 15, 2004
     Jan 15-3rd reading, passed 91-0; received in Senate
     Jan 21-to Appropriations and Revenue (S)
     Mar 16-reported favorably, 1st reading, to Calendar
     Mar 17-2nd reading, to Rules
     Mar 18-floor amendments (1) and (2) filed
     Mar 19-posted for passage in the Regular Orders of the Day for Monday, March 22, 2004
     Mar 22-3rd reading, passed 25-6-1 with floor amendments (1) and (2-title)
     Mar 23-received in House; to Rules (H)
     Mar 24-posted for passage for concurrence in Senate floor amendments (1) and (2-title) for Thursday, March 25, 2004
     Mar 26-House refused to concur in Senate floor amendments (1) and (2-title) ; received in Senate; posted for passage for receding from Senate floor amendments (1) and (2-title) ; Senate refused to recede from floor amendments (1) and (2-title)
     Mar 29-Conference Committee appointed in House and Senate; Conference Committee report filed in House and Senate; Conference Committee report adopted in House and Senate; Free Conference Committee appointed in House and Senate; Free Conference Committee report filed in House and Senate; Free Conference Committee report adopted in Senate; Bill passed 24-10; received in House
     Apr 13-Free Conference Committee report adopted in House; bill passed 45-38; enrolled, signed by each presiding officer; delivered to Governor
     Apr 22-signed by Governor (Acts ch. 135)


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