Title 103 | Chapter 008 | Regulation 090
SUPERSEDED
This document is no longer current.
(New Administrative Regulation)
103 KAR 8:090.Classification of property; public service corporations.
Section 1.
The Revenue Cabinet prescribes the following classification of property to be used by public service corporations in reporting under KRS 136.120 et seq. This list is not intended to be complete and comprehends only those items of property whose proper classification has been subject to some confusion in the past.| Class of Property | Classification byRevenue Cabinet |
| Leasehold | Real Estate |
| Oil wells | Real Estate |
| Gas wells | Real Estate |
| Gathering lines | Personalty |
| Pipe lines (transmission) | Real Estate |
| Electric transmission lines | Personalty |
| Electric distribution lines | Personalty |
| Telephone lines | Personalty |
| Underground cables | Personalty |
| Electric substations and transformers | Manufacturing Machinery |
| Machinery & equipment used in | Manufacturing |
| manufacture of gas | Machinery |
| Conduits | Real Estate |
| Wire contained in underground conduits | Personalty |
HISTORY: (FN-2; 1 Ky.R. 1008; eff. 6-11-75; Am. 8 Ky.R. 68; eff. 9-2-81; Certified to be amended; filing deadline 7-28-2021.)
(New Administrative Regulation)
103 KAR 8:090.Classification of property; public service corporations.
Section 1.
The Revenue Cabinet prescribes the following classification of property to be used by public service corporations in reporting under KRS 136.120 et seq. This list is not intended to be complete and comprehends only those items of property whose proper classification has been subject to some confusion in the past.| Class of Property | Classification byRevenue Cabinet |
| Leasehold | Real Estate |
| Oil wells | Real Estate |
| Gas wells | Real Estate |
| Gathering lines | Personalty |
| Pipe lines (transmission) | Real Estate |
| Electric transmission lines | Personalty |
| Electric distribution lines | Personalty |
| Telephone lines | Personalty |
| Underground cables | Personalty |
| Electric substations and transformers | Manufacturing Machinery |
| Machinery & equipment used in | Manufacturing |
| manufacture of gas | Machinery |
| Conduits | Real Estate |
| Wire contained in underground conduits | Personalty |
HISTORY: (FN-2; 1 Ky.R. 1008; eff. 6-11-75; Am. 8 Ky.R. 68; eff. 9-2-81; Certified to be amended; filing deadline 7-28-2021.)