Last Action | posted for passage for concurrence in Senate Committee Substitute, committee amendments (1) and (2) |
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Title | AN ACT relating to taxation. |
Bill Documents |
Bill
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Impact Statements | Fiscal Note |
Bill Request Number | 911 |
Sponsors | J. Wayne, J. Jenkins, L. Belcher, T. Burch, M. Marzian, R. Meeks, T. Riner, K. Stein |
Summary of Original Version | Amend KRS 141.020 to increase the tax rate on income over $75,000; amend KRS 141.066 to establish a refundable earned income tax credit at 15 percent of the federal credit; amend KRS 140.130 to decouple from the federal estate tax phase-out; amend KRS 139.120, 139.200, and 139.480 to include a list of selected services as subject to sales tax; amend KRS 141.0205 to recognize changes to income tax credits; make income tax provisions effective for tax years beginning on or after January 1, 2008, make estate tax provisions effective for deaths on or after August 1, 2008; make sales tax provisions effective for billings on or after August 1, 2008. |
Index Headings of Original Version |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Proposed Amendments |
House Committee Substitute 1 House Committee Substitute 2 House Floor Amendment 1 House Floor Amendment 2 House Floor Amendment 3 House Floor Amendment 4 House Floor Amendment 5 House Floor Amendment 6 House Floor Amendment 7 House Floor Amendment 8 House Floor Amendment 9 Senate Committee Substitute 1 Senate Committee Amendment 1 Senate Committee Amendment 2 Senate Floor Amendment 1 |
Votes | Vote History |
01/10/08 |
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01/15/08 |
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03/03/08 |
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03/04/08 |
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03/05/08 |
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03/06/08 |
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03/11/08 |
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03/12/08 |
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03/13/08 |
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03/17/08 |
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03/24/08 |
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03/25/08 |
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03/26/08 |
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03/27/08 |
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03/28/08 |
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Amendment | House Committee Substitute 1 |
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Impact Statements | Fiscal Note |
Summary | Replace all existing language with a sales tax exemption for lemurs. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | House Committee Substitute 2 |
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Impact Statements | Fiscal Note |
Summary | Remove all original provisions of the bill; amend KRS 139.200 to include a smaller list of services as taxable; repeal, reenact and amend KRS 138.130 to alter the definition of "other tobacco products"; amend KRS 138.140 to increase the cigarette tax by 25 cents per pack, and the tax on other tobacco products by 6.25%; amend KRS 138.143 to impose a floor stocks tax; amend KRS 138.146 to eliminate advance hoarding of stamps; amend KRS 138.195 to conform; amend KRS 138.210 to modify the definition of "average wholesale price" and to allow the price to adjust up to 10% per quarter beginning January 1, 2010; amend KRS 138.220 to clarify the computation of the motor fuels tax. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | House Floor Amendment 1 |
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Sponsor | B. Farmer |
Summary | Amend KRS 138.140 to sunset the 25 cent surtax cigarettes and the 6.25% increase on other tobacco products on June 30, 2010. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | House Floor Amendment 2 |
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Sponsor | D. Floyd |
Summary | Retain original provisions; amend KRS 138.140 to sunset the cigarette tax increase on June 30, 2010. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | House Floor Amendment 3 |
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Sponsor | H. Moberly Jr. |
Summary | Allow one-tenth of one cent ($0.001) of the July 1, 2008 increase in motor fuels taxes to be shared with local governments. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | House Floor Amendment 4 |
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Sponsor | M. Marzian |
Summary | Retain original provisions except establish the surtax on cigarettes at thirty-five cents ($.35) and specify that ten cents ($.10) of the surtax shall be used to fund mental health and substance abuse services provided by regional mental health and mental retardation boards. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | House Floor Amendment 5 |
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Sponsor | D. Watkins |
Summary | Delete Section 1 of the Act removing the sales tax on selected services; increase the cigarette surtax in the original bill to 30 cents ($.30). |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | House Floor Amendment 6 |
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Sponsor | J. Hoover |
Summary | Suspend the application of the prevailing wage law for FY09 and FY10, for all public works projects. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | House Floor Amendment 7 |
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Sponsor | H. Moberly Jr. |
Summary | Remove requirement for earmark of cancer research penny; remove quarterly limit of average wholesale price increase for motor fuels tax; make technical amendment. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | House Floor Amendment 8 |
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Sponsor | B. Farmer |
Summary | Provide that the provisions of Sections 1 to 8 shall expire June 30, 2010. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | House Floor Amendment 9 |
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Sponsor | T. Moore |
Summary | Retain original provisions; create a new section of KRS Chapter 141 to create a tax credit for individuals participating in a smoking cessation treatment program; amend KRS 141.2025 to place the new credit in the ordering of all tax credits. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | Senate Committee Substitute 1 |
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Impact Statements | Fiscal Note |
Summary | Remove all sections of original bill; create a new section of KRS Chapter 42 and a new section of KRS Chapter 141 to establish a rebate of income tax paid by active duty military members; create a new section of KRS Chapter 139 to establish a sales tax refund for governmental entities in counties under 100,000 that own and operate a multipurpose facility available for public arts, sports, and entertainment performances; create new sections of KRS Chapter 148 to provide individual income tax, corporation income tax, limited liability entity tax, and sales tax incentives for locating a film production facility in Kentucky or filming or producing a motion picture production in Kentucky; define terms; establish qualifications including minimum capital investment and minimum qualifying expenditures and minimum qualifying payroll expenditures, application and reporting requirements; require the Kentucky Film Office to administer the incentive program; authorize the Kentucky Film Office to enter into a film industry tax incentive agreement; authorize the promulgation of administrative regulations by the Kentucky Film Office and the Department of Revenue; create a new section of KRS 141 to create a motion picture film production nonrefundable credit for a new film production facility or renovation of an existing structure to become a film production facility and a motion picture production that is filmed or produced in Kentucky against the tax imposed under KRS 141.020 or 141.040 and KRS 141.0401, allow credit to be carried forward 3 years; amend KRS 141.0205 to establish the order in which the credits may be taken; create a new section of KRS 139 to provide refund of the sales and use tax paid on the purchase of tangible personal property that is permanently incorporated into a film production facility or is used to equip the film production facility; provide for a refund of the sales and use tax paid by an approved company on qualifying expenditures if used in the filming or production of a motion picture production in Kentucky; amend KRS 139.5381, 139.5382, 139.5383, 139.5384, and 139.5385 to apply prior to August 1, 2008; appropriate $10,000,000 to the military service rebate fund. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | Senate Committee Amendment 1 |
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Sponsor | D. Kelly |
Summary | Amend KRS 136.602 to include video services regardless of the method of delivery in the definition of multichannel video programming service; amend KRS 160.603 and 160.6131 to conform; amend KRS 160.614 to coordinate with school tax requirements. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | Senate Committee Amendment 2 |
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Sponsor | R. Jones II |
Summary | Amend rebate provisions to allow the rebate of sales taxes collected from the sale of tangible personal property to the governmental entity operating the public facility. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Amendment | Senate Floor Amendment 1 |
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Sponsor | D. Boswell |
Summary | Exempt air ambulance providers from the sales tax on air charter services. |
Index Headings |
Taxation - Individual income tax, tax rate on income over $75,000, increase of Taxation - Individual income tax, refundable earned income tax credit, establishment of Taxation - Estate tax, federal estate tax phase-out, decoupling of Taxation, Income--Individual - Refundable earned income tax credit, establishment of Taxation, Income--Individual - Tax rate on income over $75,000, increase of Taxation, Sales and Use - Selected services, tax on, imposition of Effective Dates, Delayed - BR 911, Section 6, effective August 1, 2008 Fiscal Note - Refundable earned income tax credit, establishment of |
Last updated: 8/28/2019 8:09 AM (EDT)