House Bill 516

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Last Action to Appropriations & Revenue (H)
Title AN ACT relating to sales and use tax.
Bill Documents Bill
Bill Request Number 1638
Sponsor T. Pullin
Summary of Original Version Amend KRS 139.350 to allow a retailer or lender to claim a deduction for bad debts or claim a refund of the sales or use tax previously reported by the retailer on the unpaid balance due on a private label credit card; allows the bad debt to be determined by various methods if approved by the Department of Revenue; EFFECTIVE January 1, 2016.
Index Headings of Original Version Effective Dates, Delayed - Private label credit card, sales and use tax, bad debt, January 1, 2016
Taxation - Sales and use tax, private label credit card, bad debt apportionment
Taxation, Sales and Use - Private label credit card bad debt, apportionment

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03/04/14
  • introduced in House
03/05/14
  • to Appropriations & Revenue (H)


Last updated: 8/27/2019 6:52 PM (EDT)