10RS SB126

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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.

AN ACT relating to the natural resources severance and processing tax.
Amend KRS 143A.010 to expand the definition of "processing" to include unloading or loading natural resources that have not been severed in Kentucky; amend KRS 143A.035 to allow a tax credit against the tax imposed on limestone when a similar tax has been paid to another state for that limestone and to make technical corrections; provide effective date of August 1, 2010.

     Feb 1-introduced in Senate
     Feb 3-to Appropriations & Revenue (S)
     Mar 10-taken from committee; 1st reading; returned to Appropriations & Revenue (S)

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