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HB 996/FN (BR 2198) - G. Stumbo
AN ACT relating to revenue and taxation and declaring an emergency.
Amend KRS 132.020 to provide that the state tax rate on real property that will produce a 4% increase in revenues is calculated exclusive of the assessment resulting from new property.
HB 996 - AMENDMENTS
HCS/FN - Create a new section of KRS Chapter 136 to provide definitions; amend various sections of KRS Chapter 136 to extend the corporate license tax to all business entities; amend KRS 132.020 to provide that the state tax rate on real property compensate for any increase in the aggregate assessed value of real property exclusive of the assessment resulting from new property; create various new sections of KRS Chapter 138 to establish a 7% communication excise tax on the sales price of any communication services; provide for the distribution of the tax to the state and local taxing districts; amend KRS 136.120 to exempt communication providers from the public service company assessment; amend various sections of KRS Chapter 139 to exclude certain communication services from the sales tax; provide various effective dates; EMERGENCY.
HCA (1/Title, H. Moberly) - Make title amendment.
HFA (1/FN, C. Ratliff) - Exempt motor vehicles from state property tax; require across the board reductions in the executive branch budget in the amount of the property tax reduction.
HFA (2/FN, C. Ratliff) - Phase out the state property tax on motor vehicles; require an across the board reduction in the state executive budget in each year in the amount of the reduced property tax.
HFA (3, H. Moberly) - Amend to make technical corrections and provide that if a business owns directly or indirectly 50% or more of another business, the credit shall be computed on a combined basis, excluding any intercompany Kentucky gross receipts.
HFA (4, H. Anderson) - Amend to provide that if a political subdivision does impose the tax authorized under KRS 160.613 and 160.614, it shall certify the tax amount imposed had these taxes been imposed and this amount shall be used in the computation of that political subdivision's portion of the monthly hold harmless amount.
HFA (5, H. Anderson) - Amend to phase out the state property tax on motor vehicles over 3 years and subject the sale of lottery tickets to the sales tax.
HFA (6, H. Anderson) - Amend KRS 139.050 to impose the sales tax on the sale of alcoholic beverages; amend KRS 243.884 to reduce the 9% wholesale tax on alcoholic beverages to 6 %.
HFA (7, H. Anderson) - Amend KRS 132.020 to phase out the state ad valorem tax on motor vehicles over 3 years; amend KRS 139.050 to impose the sales tax on alcoholic beverages; amend KRS 243.884 to reduce the wholesale tax on alcoholic beverages from 9% to 6%.
HFA (8, H. Anderson) - Phase out the state property tax on motor vehicles; subject lottery tickets and charitable gaming to the sales tax; add a new section of KRS Chapter 205.510 to 205.630 to make families Medicaid eligible at 150% of the federal poverty level; amend KRS 139.050 to make the sale of alcoholic beverages subject to sales tax; amend KRS 243.884 to change the rate of wholesale tax on alcoholic beverages from 9% to 6%.
HFA (9, H. Anderson) - Phase out the state property tax on motor vehicles; create a new section of KRS Chapter 205.510 to 205.630 to make families eligible for Medicaid at 150% of federal poverty level; amend KRS 139.050 to include alcoholic beverages in gross sales subject to sales tax; amend KRS 243.884 to change the rate of the alcoholic beverage wholesale tax from 9% to 6%.
HFA (10, H. Anderson) - Phase out the state property tax on motor vehicles; amend KRS 139.050 to include alcoholic beverages in gross receipts for sales tax purposes; amend KRS 243.884 to change the rate of the alcoholic beverage wholesale tax from 9% to 6%.
HFA (11, H. Anderson) - Amend KRS 132.020 to phase in a state property tax exempting motor vehicles; amend KRS 139.100 to subject lottery ticket sales to the sales tax; reduce the wholesale beverage tax from 9% to 6%; create new sections of KRS Chapter 224 to create state recycling cooperative program; create Kentucky Recycling Cooperative Group to administer the program; allow participating local governments to receive grant and other moneys from the fund; create board of directors to administer affairs of the group; allow the group to hire executive director; set forth duties of board; establish authority of the group; set forth duties of executive director; require public audit of the group's account.
HFA (12, H. Anderson) - Provide exemption from communications excise tax for families or individuals with a gross income at or below 125% of the federal poverty level; require providers to notify and supply exemption applications to customers.
HFA (13, H. Anderson) - Extend the sales tax to include lottery ticket sales; create a new section of KRS 205.510 to 205.630 to extend Medicaid coverage to include a family at 150% of the federal poverty level.
HFA (14, H. Moberly) - Amend to provide that the tax collected by the provider from the purchaser shall be included in total charges for the communications services; that the provider shall give the purchaser a receipt for the total charges; that the provider shall maintain records which account for the tax collected separately from other charges collected; provide that any tax savings experienced by provider shall inure proportionately to the benefit to all customers.
SCS - Delete original provisions; create and amend various provisions of the KRS to allow tax credits under the Kentucky Industrial Revitalization Act to apply to the corporate license tax as well as the corporate income tax; extend the current sales tax to interstate communication services; allow taxpayers to claim as a refundable tax credit the sales tax paid on the amount of communications services that exceeds 5% of Kentucky gross receipts; reduce the unemployment insurance tax rate and increase the benefit rate; make technical changes.
SFA (1, R. Roeding) - Allow the use of an alternative allocation method in determining gross receipts of a communications services company.
Mar 1-introduced in House
Mar 2-to Appropriations and Revenue (H)
Mar 6-posting waived
Mar 7-reported favorably, 1st reading, to Calendar with Committee Substitute, committee amendment (1-title)
Mar 8-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Thursday, March 9, 2000; floor amendments (1) (2) (3) (4) (5) (6) (7) (8) (9) and (10) filed to Committee Substitute
Mar 9-floor amendments (11) (12) (13) and (14) filed to Committee Substitute ; 3rd reading; floor amendment (5) ruled not germane ; floor amendment (4) defeated ; passed 57-39 with Committee Substitute, committee amendment (1-title), floor amendments (3) and (14)
Mar 10-received in Senate
Mar 14-to Appropriations and Revenue (S)
Mar 21-taken from committee Appropriations and Revenue (S); laid on clerk's desk; 1st reading, to Calendar
Mar 22-2nd reading, to Rules; floor amendment (1) filed ; recommitted to Appropriations and Revenue (S)
Apr 11-reported favorably, to Rules with Committee Substitute ; posted for passage in the Regular Orders of the Day for Tuesday, April 11, 2000; 3rd reading; floor amendment (1) withdrawn ; passed 31-6 with Committee Substitute ; received in House; posted for passage for concurrence in Senate Committee Substitute
Apr 14-House concurred in Senate Committee Substitute ; passed 58-36; enrolled, signed by each presiding officer, delivered to Governor
Apr 26-signed by Governor (Acts ch. 547)
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