01RS HB3

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HB3

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HB 3 (BR 41) - P. Marcotte, J. Reinhardt, C. Walton

     AN ACT relating to insurance.
     Amend various sections of KRS Chapter 132 to repeal the intangible personal property tax, including the taxes on money in hand, deposits in financial institutions, notes, bonds, accounts receivable, patents, trademarks, copyrights, licensing or royalty agreements, and tobacco base allotments; amend KRS 132.190 to clarify that the repeal does not apply to corporate or utility taxes under KRS Chapter 136; amend various sections of KRS Chapters 132, 133, 134, and 136 to conform; repeal KRS 132.030, 132.040, 132.043, 132.047, 132.050, 132.060, 132.070, 132.080, 132.090, 132.208, 132.215, 132.216, 132.490, 132.500, 132.520, 136.030; make effective for tax assessment years beginning on or after January 1, 2002.

     Jan 2-introduced in House
     Jan 3-to Appropriations and Revenue (H)

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