Last Action | to Natural Resources and Energy (S) |
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Title | AN ACT relating to production of energy feedstocks at brownfield sites. |
Bill Documents |
Bill
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Impact Statements | Local Mandate |
Bill Request Number | 316 |
Sponsors | T. Pullin, C. Hoffman, T. McKee, H. Moberly Jr., S. Westrom, B. Yonts |
Summary of Original Version | Amend KRS 132.010 to include qualifying voluntary environmental remediation property where the owner is the principal responsible party and is using the land for the agricultural production of energy feedstocks for a period of at least 3 years; amend KRS 132.020 to pay a reduced property tax on voluntary environmental remediation property being used for agricultural production of energy feedstocks; amend KRS 132.200 to include for state taxation only qualifying voluntary environmental remediation property that is used for the agricultural production of energy feedstocks; establish an effective date of January 1, 2010. |
Index Headings of Original Version |
Agriculture - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Effective Dates, Delayed - Qualifying environmental to mediation property, effective date for Energy - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Environment and Conservation - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Fuel - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Land Use - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Pollution - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Taxation - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Taxation, Property - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Local Mandate - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for |
Proposed Amendments | House Committee Substitute 1 |
Votes | Vote History |
01/09/09 |
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02/03/09 |
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02/09/09 |
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02/11/09 |
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02/12/09 |
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02/13/09 |
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02/23/09 |
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Amendment | House Committee Substitute 1 |
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Impact Statements | Local Mandate |
Summary | Retain original provisions of HB 162; state the intent of the General Assembly to encourage brownfield redevelopment through the production of energy feedstocks; amend 132.010 to allow extension of the credit to current owners who are not principal owners and extend the credit for seven nonconsecutive years rather than three; require the credit to expire after seven years. |
Index Headings |
Agriculture - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Effective Dates, Delayed - Qualifying environmental to mediation property, effective date for Energy - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Environment and Conservation - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Fuel - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Land Use - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Pollution - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Taxation - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Taxation, Property - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for Local Mandate - Agriculture, energy feedstocks, qualifying environmental remediation property, tax exemptions for |
Last updated: 8/28/2019 8:17 AM (EDT)