Last Action | 02/23/21: to Committee on Committees (H) |
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Title | AN ACT relating to motorboats and making an appropriation therefor. |
Bill Documents | Introduced |
Fiscal Impact Statement | Local Mandate |
Bill Request Number | 1634 |
Sponsors | D. Meade , C. Freeland |
Summary of Original Version | Create a new section in KRS Chapter 132 to exempt federally documented vessels from property taxation; create new sections in KRS Chapter 235 to establish the waterway usage fee and the distribution of revenue generated from the fee; establish the waterway usage fund; create a new section in KRS Chapter 148 to establish the Kentucky lakes and rivers tourism fund; amend KRS 235.990 to establish a penalty for nonpayment of the waterway usage fee; amend KRS 235.999 and 150.160 to distribute the money collected from the penalty; amend KRS 132.020 and 132.200 to make conforming changes; EFFECTIVE January 1, 2022; APPROPRIATION. |
Index Headings of Original Version |
Effective Dates, Delayed - Waterway usage fee, January 1, 2022 State Agencies - Department of Revenue, waterway usage fee, disbursement of funds Taxation - Property tax, federally documented boats, tax exemption Taxation, Property - Federally documented boats, tax exemption Amusements and Recreation - Motorboats, waterway usage fee Appropriations - Kentucky lakes and rivers tourism fund Appropriations - Motorboats, waterway usage fund Boats and Boating - Motorboats, waterway usage fee Local Mandate - Waterway usage fee, January 1, 2022 |
02/23/21 |
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Last updated: 11/9/2023 2:52 PM (EST)