Last Action | to Appropriations & Revenue (S) |
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Title | AN ACT relating to sales and use tax exemptions for the equine industry. |
Bill Documents |
Bill
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Bill Request Number | 150 |
Sponsor | R. Webb |
Summary of Original Version | Amend KRS 139.531 to exempt from sales and use tax the sales of machinery, machinery attachments, repair parts, replacement parts, feed and feed additives, water, farm chemicals, on-farm equine facilities, fuel to operate farm machinery and on-farm equine facilities, seed and commercial fertilizer, if the property is purchased by a person regularly engaged in the occupation of breeding, raising, training, racing, or exhibiting equine as a business and the property is exclusively and directly used in that occupation; amend KRS 139.470 to conform; EFFECTIVE August 1, 2014. |
Index Headings of Original Version |
Effective Dates, Delayed - Sales and use, horse farm purchases, exemption, August 1, 2014 Taxation - Sales and use, horse farm purchases, exemption Taxation, Sales and Use - Horse farm purchases, exemption Animals, Livestock, and Poultry - Horse farm purchases, tax exemption |
12/12/13 |
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01/07/14 |
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01/13/14 |
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Last updated: 8/27/2019 6:52 PM (EDT)