08RS HB115

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Includes opposite chamber sponsors where requested by primary sponsors of substantially similar bills in both chambers and jointly approved by the Committee on Committees of both chambers. Opposite chamber sponsors are represented in italics.

HB 115 (BR 466) - R. Damron, J. Vincent

AN ACT relating to sales and use tax holidays and declaring an emergency.
Create a new section of KRS Chapter 139 to exempt the sale or purchase of clothing with a sales price of less than one hundred fifty dollars ($150) per item, computers and computer supplies with a sales price of less than one thousand five hundred dollars ($1,500) per item, and school supplies; define terms; outline procedures; amend KRS 139.210, 139.220, and l39.340 to allow retailers to absorb the tax on other items sold during the sales tax holiday and advertise accordingly; EMERGENCY; EFFECTIVE MAY 1, 2008.

     (Prefiled by the sponsor(s).)

     Jan 8-introduced in House
     Jan 10-to Appropriations & Revenue (H)

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