House Bill 388

Actions
Last Action reassigned to Appropriations & Revenue (H)
Title AN ACT relating to the Kentucky Retirement Systems unfunded liability trust fund and making an appropriation therefor.
Bill Documents Bill
Impact Statements Actuarial Analysis
Bill Request Number 1407
Sponsors D. Watkins, C. Miller
Summary of Original Version Create a new section of KRS Chapter 61 to create the Kentucky Retirement Systems unfunded liability trust fund; amend KRS 138.140 to impose an additional 50-cents surtax on each pack of cigarettes, increase the excise tax on other tobacco products to 30 percent, increase the excise tax on snuff to 38 cents per unit, and provide that revenues from the additional surtax on cigarettes and the increased excise tax on other tobacco products and snuff be deposited in the Kentucky Retirement Systems unfunded liability trust fund; amend KRS 138.130 and 138.195 to conform.
Index Headings of Original Version Retirement and Pensions - Kentucky Retirement Systems unfunded liability trust fund, create
Taxation - Cigarette surtax, impose
Taxation - Other tobacco products excise tax, increase
Taxation - Snuff excise tax, increase
Tobacco - Cigarette surtax, snuff and other tobacco products excise tax
Actuarial Analysis - Cigarette surtax, snuff and other tobacco products excise tax

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02/14/13
  • introduced in House
02/15/13
  • to State Government (H)
02/19/13
  • reassigned to Appropriations & Revenue (H)


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