23RS HB 255

House Bill 255

Actions

Last Action	02/14/23: to Committee on Committees (H)
Title	AN ACT relating to resources for local development.
Bill Documents	Introduced
Fiscal Impact Statement	Local Mandate
Bill Request Number	1367
Sponsor	T. Smith
Summary of Original Version	Create a new section of KRS Chapter 65 to define "county"; grant any city or county the right to levy a restaurant tax not to exceed three percent of retail sales; require the revenue to be distributed between the tourist convention commission and taxing jurisdiction; specify uses; exempt restaurants subject to the restaurant tax from certain occupational license fees; mandate first-time tax rate levies and rate changes take effect at the beginning of a calendar month; amend 91A.400 to sunset the levy of a restaurant tax under this section; require distribution of at least 25 percent of revenues generated to the tourist and convention commission; specify uses; exempt restaurants subject to the tax from certain local occupational license fees; amend KRS 67.938, 91A.390, 91.200, 92.281, and 92.300 to conform; EFFECTIVE January 1, 2024.
Index Headings of Original Version	Economic Development - Restaurant tax, uses of revenue Effective Dates, Delayed - Restaurant tax, authority to levy, uses of revenue, January 1, 2024 Interlocal Cooperation - Restaurant tax, uses of revenue Local Government - Restaurant tax, uses of revenue Parks and Shrines - Restaurant tax, uses of revenue Charter County Government - Restaurant tax, authority to levy, uses of revenue Taxation - Restaurant tax, tourism Tourism - Restaurant tax, uses of revenue Consolidated Local Governments - Restaurant tax, authority to levy, uses of revenue Unified Local Governments - Restaurant tax, authority to levy, uses of revenue Cities - Restaurant tax, authority to levy, uses of revenue Counties - Restaurant tax, authority to levy, uses of revenue Counties, Urban - Restaurant tax, authority to levy, uses of revenue Local Mandate - Restaurant tax, uses of revenue