House Bill 8

Actions | Amendments
Last Action 04/14/22: delivered to Secretary of State (Acts Ch. 212)
Title AN ACT relating to revenue measures and declaring an emergency.
Bill Documents Current/Final
Introduced
Fiscal Impact Statement Fiscal Note
Bill Request Number 1625
Sponsors J. Petrie, B. Reed, S. Baker, L. Bechler, K. Fleming, C. Fugate, R. Heath, A. Koenig, C. Massey, M. Meredith, J. Nemes, D. Osborne, S. Rudy, W. Thomas, J. Tipton
Summary of Original Version Amend KRS 141.020 to reduce the individual income tax rate to 4% for taxable years beginning on or after January 1, 2023, and provide a further rate reduction in future years if certain thresholds of total general fund receipts are exceeded, provide that the tax rate shall not exceed a reduction of more than one percentage point in a calendar year, and eliminate the tax credit for a fiduciary and an estate; amend KRS 139.010 to define terms; amend KRS 139.200 to impose sales tax on certain services; amend KRS 139.482 to remove the exemption of sales and use tax on charges for admission to historical sites; amend KRS 139.310 to impose the use tax on certain services; amend KRS 139.340 to conform; amend KRS 139.470 to only allow an exemption of residential utilities for the resident's place of domicile, lower the de minimis threshold to $3,000 for the selling of certain services; amend KRS 281.010 to define terms; amend KRS 281.630 to require a peer-to-peer car sharing certificate; create a new section of KRS Chapter 138 to impose an excise on the privilege of providing a motor vehicle for sharing or for rent within the Commonwealth; amend KRS 138.462 to conform; create a new section of KRS Chapter 139 to exclude the gross receipts from the additional taxable services imposed if derived from a contract executed on or before the date of introduction; create a new section of KRS Chapter 91A to define terms; amend various section of KRS Chapter 91A to conform; amend KRS 155.440 to define terms; amend KRS 153.450 to conform; amend KRS 142.400 to define terms; amend KRS 65.060 to conform; amend KRS 45A.077 to extend the time that a public-private partnership may be established without approval by the General Assembly; amend KRS 131.130 to prohibit the Department of Revenue from collecting any consumer debt owed for health care goods and services; create a new section of KRS Chapter 138 to impose a tax on electric vehicle power distributed in this state by an electric vehicle power dealer; amend KRS 186.050 to require the county clerk to collect the battery reclamation and mitigation fees; create a new section of KRS Chapter 138 to impose the battery reclamation and mitigation fees on an electric vehicle or a hybrid vehicle; provide various revenue measures for the operation of certain state agencies, the exemption of state and local tax on water withdrawal fees, and the deposit of certain taxes; provide if any provision is held invalid, the invalidity shall not affect the other provisions.
Index Headings of Original Version Taxation - Battery reclamation and mitigation fee
Taxation - Car and ride sharing tax
Taxation - Electric powered vehicle tax
Taxation - Tax reform
Taxation - Transient room taxes
Taxation, Income--Individual - Rate reduction
Taxation, Sales and Use - Expansion, selected services
Fiscal Note - Tax reform
Jump to Proposed Amendments House Committee Substitute 1
House Committee Amendment 1
Senate Committee Substitute 1
Votes Vote History
Governor's Veto Message Veto

Actions

Top | Amendments
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)

Proposed Amendments

Top | Actions
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

Last updated: 4/29/2022 2:39 PM (EDT)
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