House Bill 373

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Last Action to Appropriations & Revenue (H)
Title AN ACT relating to federally documented non-commercial vessels.
Bill Documents Bill
Impact Statements Local Mandate
Bill Request Number 1366
Sponsors W. Coursey, B. Montell
Summary of Original Version Create a new section of KRS Chapter 132 to exempt federally documented non-commercial vessels from state and local property taxes; amend KRS 132.020 and 132.200 to make conforming changes; amend KRS 235.010 to define terms; create a new section of KRS Chapter 235 to establish an annual fee to be imposed on all federally documented non-commercial vessels located in Kentucky on January 1 of any year, to be paid to the county clerk; provide that revenues collected from this annual fee are to be deposited in part to the state general fund and distributed among local taxing jurisdictions of the county in which the vessel will be principally operated; amend KRS 235.040 to clarify that federally documented non-commercial vessels are exempt from the regular registration requirement for motorboats in general, and shall be subject to the annual registration and fee requirements established in this Act; EFFECTIVE January 1, 2014.
Index Headings of Original Version Effective Dates, Delayed - Federally documented non-commercial vessels, January 1, 2014
Fees - Federally documented non-commercial vessels, January 1, 2014
Taxation - Federally documented non-commercial vessels, exempt from state and local property tax
Taxation, Property - Federally documented non-commercial vessels, exempt from state and local property tax
Boats and Boating - Federally documented non-commercial vessels, establish annual fee requirement for
Local Mandate - Federally documented non-commercial vessels, exempt from state and local property tax

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02/13/13
  • introduced in House
02/14/13
  • to Appropriations & Revenue (H)


Last updated: 8/27/2019 7:53 PM (EDT)