| Last Action | 02/28/22: floor amendment (1) filed |
|---|---|
| Title | AN ACT relating to data centers. |
| Bill Documents | Introduced |
| Fiscal Impact Statement | Fiscal Note |
| Bill Request Number | 868 |
| Sponsor | P. Pratt |
| Summary of Original Version | Create a new section of KRS Chapter 139 to provide a sales and use tax exemption for data centers; establish reporting requirements for the exemption; define terms; amend KRS 131.190 to conform; EFFECTIVE, in part, August 1, 2022. |
| Index Headings of Original Version |
Data Processing - Data center, sales and use tax, exemption Effective Dates, Delayed - Data center, sales and use tax, exemption, July 1, 2021 Taxation - Sales and use tax, data centers, exemption Taxation, Sales and Use - Data centers, exemption Fiscal Note - Sales and use tax, data centers, exemption |
| Jump to Proposed Amendments | House Floor Amendment 1 |
| 01/27/22 |
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|---|---|
| 02/22/22 |
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| 02/23/22 |
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| 02/24/22 |
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| 02/25/22 |
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| 02/28/22 |
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| Amendment | House Floor Amendment 1 |
|---|---|
| Sponsor | L. Bechler |
| Summary | Amend to require the Department of Revenue to collect up to the entire amount of exemption from the data center if the data center fails to meet the investment and job requirements required in the Act. |
| Index Headings | Taxation - Sales and use tax, data center, exemption reimbursement requirement |
Last updated: 2/8/2023 2:57 PM (EST)