House Bill 263

Last Action to Appropriations & Revenue (H)
Title AN ACT relating to the taxation of tobacco.
Bill Documents Bill
Bill Request Number 271
Sponsors D. Osborne, D. Floyd
Summary of Original Version Amend KRS 138.130 to define "financial instrument" "moist snuff" "wholesaler of tobacco products" and "retailer-wholesaler of tobacco products"; delete definition of "cigarette paper"; amend KRS 138.140 to require retailers to purchase tobacco products from licensed wholesalers of tobacco products or licensed retailer-wholesalers of tobacco products; impose the excise tax on a retailer that chooses to purchase untaxed tobacco products; require invoice itemization for tobacco products transferred to retailers; amend KRS 138.146 to allow for the sale of tax evidence on a deferred payment basis; require a financial instrument for those purchasing tax evidence on a deferred payment basis; set parameters for the financial instrument; give Department of Revenue authority to make demand on a financial instrument; permit the Department of Revenue to allow tax evidence compensation for resident and nonresident wholesalers and unclassified acquirers; delete outdated tax compensation language; amend KRS 138.165 to require destruction of seized cigarettes and clarify sale steps for seized vending machines; create a new section of KRS 138.130 to 138.205 to establish alternatives for retailers that may have received untaxed tobacco products; provide additional penalties for multiple offenses; allow seizure of contraband tobacco products; create a new section of KRS 138.130 to 138.205 to require the filing of reports and retention of records; amend KRS 138.195 to set the unclassified acquirer annual license fee at $500; allow the department to obtain information and reports electronically; allow for the sale or purchase of untax-paid cigarettes from one licensed wholesaler to another; create a new section of KRS 138.130 to 138.205 to set out circumstances under which a license shall be granted to a person; amend KRS 365.390 to include unclassified acquirers under the enforcement fee requirements; amend KRS 138.205 and 138.990 to conform and make technical changes; provide that deferred payment provisions are EFFECTIVE July 1, 2014.
Index Headings of Original Version Effective Dates, Delayed - Cigarette tax evidence, deferred payment, surety, July 1, 2014
Fees - Unclassified acquirer license, tobacco products, increase
Taxation - Cigarette tax evidence, deferred payment of
Taxation - Tobacco products, license, requirements
Tobacco - Cigarette tax evidence, deferred payment of
Tobacco - Tobacco products, license, requirements
Trade Practices and Retailing - Tobacco products, license, requirements


  • introduced in House
  • to Appropriations & Revenue (H)

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