House Bill 551

Actions | Amendments
Last Action floor amendment (1) filed to Committee Substitute, floor amendment (2-title) filed
Title AN ACT relating to local option sales and use taxes.
Bill Documents Bill
Bill Request Number 857
Sponsor T. Thompson
Summary of Original Version Create new sections of KRS Chapter 65 to establish the parameters and requirements for the levy of local option sales and use taxes, if a proposed constitutional amendment allowing such a levy is approved; create a new section of KRS Chapter 139 to establish tax administration provisions; provide that the provisions of the Act will be effective on January 1 2015, only if the proposed constitutional amendment is approved by the voters of the Commonwealth at the November 2014 general election; if the proposed amendment is not approved, the Act is void.
Index Headings of Original Version Effective Dates, Delayed - BR 1280
Taxation, Sales and Use - Local option, enabling
Consolidated Local Governments - Local option sales and use tax, enabling
Cities - Local option sales and use tax, enabling
Counties - Local option sales and use tax, enabling
Proposed Amendments House Committee Substitute 1
House Floor Amendment 1
House Floor Amendment 2

Actions

Top | Amendments
03/04/14
  • introduced in House
03/05/14
  • to Local Government (H)
03/06/14
  • posted in committee
03/20/14
  • reported favorably, 1st reading, to Calendar with Committee Substitute
03/21/14
  • 2nd reading, to Rules
  • taken from Rules
  • placed in the Orders of the Day
  • floor amendment (1) filed to Committee Substitute, floor amendment (2-title) filed

Proposed Amendments

Top | Actions
Amendment House Committee Substitute 1
Summary Retain original provisions, except define "residual project" and amend provisions to describe the purpose of residual projects; include vendor compensation for the collection of local option sales and use taxes; clarify provisions relating to the maximum rate that may be imposed in circumstances where there is not local agreement to levy a joint tax; delete satisfaction of outstanding debt as a permissible use of funds in consolidated local governments; provide for gender balance on the community investment commission in a consolidated local government; amend KRS 139.570 to allow for vendor compensation.
Index Headings Effective Dates, Delayed - BR 1280
Taxation, Sales and Use - Local option, enabling
Consolidated Local Governments - Local option sales and use tax, enabling
Cities - Local option sales and use tax, enabling
Counties - Local option sales and use tax, enabling

Amendment House Floor Amendment 1
Sponsor D. Watkins
Summary Provide an earned income tax credit to the individual income tax.
Index Headings Effective Dates, Delayed - BR 1280
Taxation, Sales and Use - Local option, enabling
Consolidated Local Governments - Local option sales and use tax, enabling
Cities - Local option sales and use tax, enabling
Counties - Local option sales and use tax, enabling

Amendment House Floor Amendment 2
Sponsor D. Watkins
Summary Make title amendment.
Index Headings Effective Dates, Delayed - BR 1280
Taxation, Sales and Use - Local option, enabling
Consolidated Local Governments - Local option sales and use tax, enabling
Cities - Local option sales and use tax, enabling
Counties - Local option sales and use tax, enabling

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