Kentucky
General Assembly

02/25/22	introduced in House to Committee on Committees (H) to Appropriations & Revenue (H) taken from Appropriations & Revenue (H) 1st reading returned to Appropriations & Revenue (H)
02/28/22	taken from Appropriations & Revenue (H) 2nd reading returned to Appropriations & Revenue (H)
03/04/22	reported favorably, to Rules with Committee Substitute (1) and Committee Amendment (1-title) taken from Rules (H) placed in the Orders of the Day 3rd reading, passed 67-23 with Committee Substitute (1) and Committee Amendment (1-title)
03/07/22	received in Senate to Committee on Committees (S)
03/08/22	to Appropriations & Revenue (S)
03/22/22	taken from Appropriations & Revenue (S) 1st reading returned to Appropriations & Revenue (S)
03/23/22	taken from Appropriations & Revenue (S) 2nd reading returned to Appropriations & Revenue (S)
03/29/22	reported favorably, to Rules with Committee Substitute (1) posted for passage in the Regular Orders of the Day for Tuesday, March 29, 2022 3rd reading, passed 27-8 with Committee Substitute (1) received in House to Rules (H) taken from Rules placed in the Orders of the Day House concurred in Senate Committee Substitute (1) passed 70-24
03/30/22	enrolled, signed by Speaker of the House enrolled, signed by President of the Senate delivered to Governor
04/08/22	Vetoed
04/13/22	received in House to Rules (H) taken from Rules posted for passage for consideration of Governor's veto veto overridden passed 72-25 received in Senate to Rules (S) posted for passage for consideration of Governor's veto veto overridden passed 28-8-1 received in House
04/14/22	enrolled, signed by Speaker of the House enrolled, signed by President of the Senate delivered to Secretary of State (Acts Ch. 212)

Amendment	House Committee Substitute 1
Summary	Retain original provisions, except modify the thresholds for a further rate reduction for income tax purposes and make various technical corrections; amend KRS 131.400 to require the Department of Revenue and the Finance and Administration Cabinet to procure services for a tax amnesty program or to conduct the tax amnesty program; amend KRS 131.410, 131.420, 131.425, 131.435, 131.440, and 131.445 to conform; amend KRS 68.200 to make conforming changes related to the license fee imposed by certain local jurisdictions related to peer-to-peer car sharing; amend KRS 143.022 to extend the refund process for coal subject to tax, but exported outside of North America; amend KRS 141.010 to update the Internal Revenue Code reference date to December 31, 2021, with certain exceptions; amend KRS 139.730 to require coordinators of festivals or similar events to provide the Department of Revenue a list of vendors selling at the event; create a new section of KRS Chapter 136 to reinstate the requirement for declaration of estimated taxes related to insurance premiums tax; effective January 1, 2023; EMERGENCY.
Index Headings	Effective Dates, Delayed - Tax reform, rates, services, January 1, 2023 Effective Dates, Emergency - Tax reform, rates, services State Agencies - Department of Revenue, tax amnesty program Taxation - Local license fee, peer-to-peer car sharing Taxation - Tax amnesty program Taxation - Tax reform Taxation, Income--Individual - Rate reduction Taxation, Sales and Use - Vendor lists, festivals Taxation, Severance - Coal severance tax, refund

Amendment	House Committee Amendment 1
Sponsor	B. Reed
Summary	Make title amendment.
Index Headings	Title Amendments - HB 8

Amendment	Senate Committee Substitute 1
Summary	Retain original provisions except modify the thresholds for a rate reduction for income tax purposes; eliminate three specific services from the sales and use tax; index the electric vehicle power tax and require that if there is no selling price, the electric vehicle power dealer shall be responsible for paying the tax, except in the case of an electric vehicle charging station installed prior to July 1, 2022; amend KRS 186.010 to conform; impose the electric vehicle ownership fee equal to an amount of $140 for each electric vehicle and $70 for each electric motorcycle or hybrid vehicle; make various technical corrections; amend KRS 68.200 to make conforming changes related to the license fee imposed by certain local jurisdictions related to peer-to-peer car sharing; amend KRS 139.472 and 139.480 to exempt from sales and use tax drugs and over-the-counter drugs purchased by a person regularly engaged in the business of farming; amend KRS 132.010 to define terms; amend KRS 132.200 to exempt from property tax prefabricated homes held for sale in a manufacturer's or retailer's inventory; amend KRS 171.397 to increase the tax credit limits to $120,000 for owner-occupied residential property and $10 million for all other property and allow financial institutions to claim the tax credit for income tax purposes; amend KRS 131.110 to require the Department of Revenue to proceed with resolution of protests related to the tax imposed under KRS 136.120 to 136.180 within certain timeframes; create a new section of KRS Chapter 141 and Subchapter 1 of Chapter 224 to establish the decontamination tax credit; amend KRS 141.0205 to order the new tax credit; amend KRS 131.190 to allow the reporting of data to the Interim Joint Committee on Appropriations and Revenue; direct staff from the Legislative Research Commission to gather information related to electric vehicles and transportation funding; amend KRS 134.490 to require notices from third-party purchasers to delinquent taxpayers to be sent by certified mail and a copy be sent to each mortgagee who holds a mortgage on the property; amend KRS 134.504 to require the third-party purchaser information provided to taxpayers on the certificate of delinquency notice sent by the Department of Revenue or county attorney to be printed in bold and in at least a 12-point font.
Index Headings	Taxation - Revenue measures Taxation - Tax reform Taxation, Income--Individual - Rate reduction Taxation, Sales and Use - Taxation of services