House Bill 51

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Last Action to Appropriations & Revenue (H)
Title AN ACT relating to taxation.
Bill Documents Bill
Bill Request Number 90
Sponsors B. Farmer, D. Floyd
Summary of Original Version Amend various sections of KRS Chapter 139 to expand the sales and use tax base to include certain services and rental of commercial real estate, repeal certain exemptions, and lower the tax rate; create a new section of KRS Chapter 141 to apply the provisions of that chapter to taxable years beginning before January 1, 2010; amend KRS 141.020, 141.040, and 141.0401 to make the individual income tax, corporation income tax, and the limited liability entity tax effective for taxable years beginning before January 1, 2010; amend KRS 138.358 and 139.260 to conform; repeal KRS 139.485 and 139.486; EFFECTIVE July 1, 2009.
Index Headings of Original Version Taxation - Sales and use tax, expansion of base, lowering of rate
Taxation - Tax reform
Taxation, Income--Corporate - Repeal, effective January 1, 2010
Taxation, Income--Individual - Repeal, effective January 1, 2010
Taxation, Sales and Use - Expansion of base, lowering of rate
Effective Dates, Delayed - BR 90, July 1, 2009

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11/21/08
  • Prefiled by the sponsor(s).
01/06/09
  • introduced in House
01/07/09
  • to Appropriations & Revenue (H)


Last updated: 8/28/2019 8:17 AM (EDT)