AN ACT relating to revenue and taxation.
     Amend KRS 141.390 to prevent "churning" of tax-credit qualified recycling and composting equipment, by providing that when a taxpayer receives a tax credit for the equipment and then sells the equipment within a specified recapture period, the taxpayer's credit is proportionately reduced.

     Feb 1-introduced in Senate
     Feb 3-to Appropriations and Revenue (S)
     Mar 14-reported favorably, 1st reading, to Consent Calendar
     Mar 15-2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Thursday, March 16, 2000
     Mar 16-3rd reading, passed 35-1; received in House
     Mar 17-to Appropriations and Revenue (H)
     Mar 20-posting waived
     Mar 21-reported favorably, 1st reading, to Calendar
     Mar 22-2nd reading, to Rules
     Mar 23-recommitted to Appropriations and Revenue (H)