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HB505

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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 505 (BR 1554) - F. Nesler

     AN ACT relating to tobacco products and declaring an emergency.
     Amend KRS 138.310 to define "OTP wholesaler" and "retail location"; amend KRS 138.140 as amended by 2009 HB 144 to delete all references to cigarette papers; create a new section of KRS 138 to 138.205 to impose an excise tax on cigarette papers effective April 1, 2009; amend KRS 138.165 to allow the Department of Revenue to seize and destroy contraband cigarettes if the owner or person who has an interest in the seized cigarettes fails to protest the seizure within twenty days; amend KRS 138.195 to increase the license fee for an unclassified acquirer to $500 and impose a $500 license fee on an OTP wholesaler; allow the department to suspend the sale of tax evidence to licensees who fail to submit required reports or information until the reports or information is submitted; create a new section of KRS 138.130 to 138.205 to require a licensee to maintain records on the immediate premises of the licensee's place of business for a period of four years; Sections 1, 2,4, 5, and 6 take effect July 1, 2009; EMERGENCY.

     Feb 23-introduced in House
     Feb 24-to Appropriations & Revenue (H)


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