House Bill 8

Actions | Amendments
Last Action 04/12/24: filed without Governor's signature with the Secretary of State
Title AN ACT relating to fiscal matters, making an appropriation therefor, and declaring an emergency.
Bill Documents Current
Introduced
Fiscal Impact Statements Fiscal Note
Local Mandate
Additional Fiscal Impact Statements Exist
Bill Request Number 353
Sponsors J. Petrie, S. Rudy, J. Bray
Summary of Original Version Amend KRS 224.60-130 to extend the date for reimbursements of corrective action projects using moneys in the petroleum storage tank account; amend KRS 224.60-142 to extend the date of registration for owners of petroleum storage tanks containing motor fuels in order to be eligible to participate in the fund; extend the date allowing owners and operators to submit affidavits and applications through July 15, 2031, relevant to current petroleum storage tank accounts; amend KRS 224.60-145 to extend the small operator assistance and small operator tank removal accounts to July 15, 2031; amend KRS 224.50-868 to extend the fee currently imposed for each new motor vehicle, trailer, or semitrailer tire sold in Kentucky to July 1, 2026.
Index Headings of Original Version Environment and Conservation - New tire fee, extension to July 1, 2026
Environment and Conservation - Petroleum storage tank account, project completion, registration, and application extension
Environment and Conservation - Small operator assistance account, small operator tank removal account, extension to July 15, 2031
Fees - New tire fee, extension to July 1, 2026
Fuel - Petroleum storage tank account, project completion, registration, and application extension
Fuel - Small operator assistance account, small operator tank removal account, extension to July 15, 2031
Motor Vehicles - New tire fee, extension to July 1, 2026
Appropriations - Petroleum storage tank account, project completion, registration, and application extension
Appropriations - Small operator assistance account, small operator tank removal account, extension to July 15, 2031
Budget and Financial Administration - New tire fee, extension to July 1, 2026
Budget and Financial Administration - Petroleum storage tank account, project completion, registration, and application extension
Budget and Financial Administration - Small operator assistance account, small operator tank removal account, extension to July 15, 2031
Fiscal Note - New tire fee, petroleum storage tank account, small operator tank assistance
Local Mandate - Petroleum stroage tank account, project completion, registration, and application extension
Jump to Proposed Amendments House Committee Substitute 1 with Fiscal Impact Statements
Senate Committee Substitute 1 with Fiscal Impact Statements
Senate Floor Amendment 1
Conference Committee Report 1
Free Conference Committee Report 1
Votes Vote History
Governor's Veto Message Veto

Actions

Top | Amendments
02/26/24
  • introduced in House
  • to Committee on Committees (H)
03/01/24
  • to Appropriations & Revenue (H)
03/04/24
  • taken from Appropriations & Revenue (H)
  • 1st reading
  • returned to Appropriations & Revenue (H)
03/05/24
  • taken from Appropriations & Revenue (H)
  • 2nd reading
  • returned to Appropriations & Revenue (H)
03/14/24
  • reported favorably, to Rules with Committee Substitute (1) and Committee Amendment (1-title)
  • taken from Rules
  • placed in the Orders of the Day
03/15/24
  • 3rd reading, passed 73-11 with Committee Substitute (1) and Committee Amendment (1-title)
  • received in Senate
  • to Committee on Committees (S)
  • to Appropriations & Revenue (S)
03/21/24
  • reported favorably, 1st reading, to Calendar with Committee Substitute (1)
03/22/24
  • floor amendment (1) filed to Committee Substitute
  • 2nd reading, to Rules
03/25/24
  • posted for passage in the Regular Orders of the Day for Monday, March 25, 2024
  • 3rd reading
  • floor amendment (1) withdrawn
  • passed 36-1 with Committee Substitute (1)
  • received in House
  • to Rules (H)
03/26/24
  • posted for passage for concurrence in Senate Committee Substitute (1)
  • House refused to concur in Senate Committee Substitute (1)
  • received in Senate
  • to Rules (S)
03/27/24
  • posted for passage for receding from Senate Committee Substitute (1)
  • Senate refused to recede from Committee Substitute (1)
  • Conference Committee appointed in Senate
03/28/24
  • Conference Committee appointed in House
  • Conference Committee report filed in House and Senate
  • Conference Committee report adopted in House and Senate
  • Free Conference Committee appointed in House and Senate
  • Free Conference Committee report filed in House and Senate
  • posted for passage for consideration of Free Conference Committee Report (1)
  • Free Conference Committee report adopted in Senate
  • passed 34-0 with Free Conference Committee Report (1)
  • received in House
  • to Rules (H)
  • taken from Rules
  • posted for passage for consideration of Free Conference Free Conference Committee Report (1)
  • Free Conference Committee report adopted in House
  • passed 87-9 with Free Conference Committee Report (1)
  • enrolled, signed by Speaker of the House
  • enrolled, signed by President of the Senate
  • delivered to Governor
04/09/24
  • 2 line items vetoed
04/10/24
  • became law on April 10, 2024, without Governor's Signature
04/12/24
  • received in House
  • to Rules (H)
  • taken from Rules
  • posted for passage for consideration of Governor's veto
  • taken from the Orders of the Day
  • filed without Governor's signature with the Secretary of State

Proposed Amendments

Top | Actions
Amendment House Committee Substitute 1
Fiscal Impact Statements Fiscal Note to House Committee Substitute 1
Local Mandate to House Committee Substitute 1
Summary Retain original provisions; amend KRS 224.60-130 to extend the date for reimbursements of corrective action projects using moneys in the petroleum storage tank account; amend KRS 224.60-142 to extend the date of registration for owners of petroleum storage tanks containing motor fuels in order to be eligible to participate in the fund; extend the date allowing owners and operators to submit affidavits and applications through July 15, 2031, relevant to current petroleum storage tank accounts; amend KRS 224.60-145 to extend the small operator assistance and small operator tank removal accounts to July 15, 2031; amend KRS 224.50-868 to extend the fee currently imposed for each new motor vehicle, trailer, or semitrailer tire sold in Kentucky to July 1, 2026; create a new section of KRS Chapter 131 to require the Department of Revenue to submit an annual report to the Legislative Research Commission and the Interim Joint Committee on Appropriations and Revenue pertaining to tax law changes and actions taken by the department; amend KRS 138.510 to redistribute up to $250,000 per fiscal year in historical horse racing pari-mutuel tax revenues to the Kentucky Horse Racing Commission for the benefit of Thoroughbred, standardbred, and American quarter horse aftercare facilities in Kentucky and up to $250,000 per fiscal year to the Kentucky equine management internship program; eliminate distributions of the excise tax on historical horse races to the Kentucky Thoroughbred and standardbred breeders incentive funds; include the Kentucky Community and Technical College System institutions in the distribution of pari-mutuel tax revenues that are required to be used for construction, expansion or renovation of facilities or the purchase of equipment for equine programs; require the host track to grant the Tourism, Arts, and Heritage Cabinet a race title sponsorship and promotional package at multiple-day international harness racing events with purses and awards over $5,000,000; amend KRS 230.770 to require that $75,000 each fiscal year be transferred from the Kentucky standardbred development fund to the Kentucky problem gambling assistance account; require the racing commission to account for all moneys within the standardbred development fund by separating those moneys as required for distribution: establish an international harness racing event reserve account for a Kentucky track that hosts an international harness racing event spanning several days and distributes at least $5,000,000 in purses and awards; beginning July 31, 2024, provide that $300,000 from the standardbred development fund be transferred annually to the international harness racing reserve account until the reserve account reaches $900,000; amend KRS 230.400 to require that $100,000 each fiscal year be transferred from the Kentucky Thoroughbred development fund to the Kentucky problem gambling assistance account; amend KRS 230.445 to require that $25,000 each fiscal year be transferred from the Kentucky quarter horse, paint horse, Appaloosa, and Arabian development fund to the Kentucky problem gambling assistance account; amend KRS 138.513 to make a technical correction; amend KRS 139.470 to increase the de minimis filing threshold to $12,000; amend KRS 139.480 to exempt the sale, use, storage, or consumption of currency and bullion from sales and use tax; amend KRS 140.040 to define "power of appointment" to mean only a general power of appointment; create a new section of KRS Chapter 141 to allow an income tax credit for the sales and use tax paid on a qualified broadband investment in this state; amend KRS 141.0205 to order the tax credit; amend KRS 131.190 to allow the Department of Revenue to submit a report on the tax credit to the Legislative Research Commission; amend KRS 141.010 to update the Internal Revenue Code reference date to the Internal Revenue Code in effect on December 31, 2023, for income tax purposes; amend KRS 141.020 to further define "GF appropriations" to exclude any appropriation from the budget reserve trust fund account that is solelysupported by moneys from the budget reserve trust fund account and specifically identified in the appropriation language as not being a GF appropriation; amend KRS 141.039 to delay the deferred tax deduction until January 1, 2026, amend KRS 143.022 to allow refunds of tax paid on coal transported directly to a market outside of North America until July 1, 2028; amend KRS 186.010 to eliminate the definition of "hybrid vehicle"; amend KRS 186.050 and 138.475 to remove hybrid vehicles from the electric vehicle ownership fee; amend KRS 186.531 to eliminate fees for obtaining a personal identification card; provide various revenue measures for the operation of certain state agencies; apply to fiscal years 2024-2025 and 2025-2026; APPROPRIATION; EMERGENCY; EFFECTIVE, in part, August 1, 2024, and January 1, 2025.
Index Headings Effective Dates, Delayed - Electric vehicle ownership fee, exemption of hybrid vehicles, January 1, 2025
Effective Dates, Delayed - Personal ID fee elimination, August 1, 2024
Effective Dates, Delayed - Sales and use tax, currency and bullion exemption, August 1, 2024
Effective Dates, Emergency - Individual income tax, GF appropriation definition
Environment and Conservation - New tire fee, extension till July 1, 2026
Environment and Conservation - Petroleum storage tank account, project completion, registration, and application extension
Environment and Conservation - Small operator assistance account, small operator tank removal account, extension till July 15, 2031
Effective Dates, Delayed - Sales and use taxes, de minimis increase, January 1, 2025
Fees - New tire fee, extension till July 1, 2026
Fees - Personal identification cards, issuance, fee elimination
Fuel - Petroleum storage tank account, project completion, registration, and application extension
Fuel - Small operator assistance account, small operator tank removal account, extension to July 15, 2031
Gambling - Kentucky problem gambling assistance account, additional funds
Motor Vehicles - Electric vehicle ownership fee, hybrid vehicle exemption
Motor Vehicles - New tire fee, extension to July 1, 2026
Motor Vehicles - Personal identification cards, issuance, fee elimination
Poverty - Homeless services, personal identification cards, fee elimination
Public Assistance - Homeless services, personal identification cards, fee elimination
State Agencies - Department of Revenue, report on qualified broadband investment tax credit
State Agencies - Department of Revenue, tax law changes and actions report
State Agencies - Kentucky Horse Racing Commission, development fund, distributions
State Agencies - Tourism, Arts and Heritage Cabinet, harness racing event, race title sponsorship
State Agencies - Transportation Cabinet, personal identification cards, issuance, fee elimination
Taxation, Sales and Use - Currency and bullion exemption
Taxation, Sales and Use - De minimis increase
Taxation, Sales and Use - Income tax credit, qualified broadband investment
Taxation, Severance - Refunds, tax payments on foreign coal
Tourism - International harness racing event, Tourism, Arts and Heritage Cabinet, sponsorship
Transportation - Personal identification cards, issuance, fee elimination
Appropriations - Petroleum storage tank account, project completion, registration, and application extension
Appropriations - Small operator assistance account, small operator tank removal account, extension to July 15, 2031
Appropriations - Thoroughbred, standardbred, and quarter horse, paint horse, Appaloosa, and Arabian development funds
Reports Mandated - Department of Revenue, report on qualified broadband investment tax credit
Reports Mandated - Department of Revenue, tax law changes and actions
Horses and Horse Racing - International harness racing event, Tourism, Arts and Heritage Cabinet, sponsorship
Horses and Horse Racing - Redistributions, various development funds
Internet - Qualified broadband investment, tax credit
Taxation - Corporate income tax, deferred tax deduction
Taxation - Department of Revenue, tax law changes and actions report
Taxation - Electric vehicle ownership fee, exemption of hybrid vehicles
Taxation - Income tax, credit for qualified broadband investment
Taxation - Income tax, IRC reference date update, December 31, 2023
Taxation - Individual income tax rate
Taxation - Inheritance tax, power of appointment
Taxation - Sales and Use Taxes, de minimis increase
Taxation - Sales and use, currency and bullion exemption
Taxation - Severance Tax, refunds, coal transported directly to a market outside North America
Taxation, Income--Corporate - Deferred tax deduction
Taxation, Income--Corporate - IRC reference date update, December 31, 2023
Taxation, Income--Corporate - Qualified broadband investment, tax credit
Local Mandate - Department of Revenue, tax law changes and actions
Taxation, Income--Individual - IRC reference date update, December 31, 2023
Taxation, Income--Individual - Qualified broadband investment, tax credit
Taxation, Income--Individual - Tax rate reduction, calculation
Taxation, Inheritance and Estate - Power of appointment
Fiscal Note - Department of Revenue, tax law changes and actions

Amendment Senate Committee Substitute 1
Fiscal Impact Statement Local Mandate to Senate Committee Substitute 1
Summary Retain original provisions; except remove all provisions related to the new tire fee extension, remove all provisions related to exempting the sale, use, storage, or consumption of currency and bullion from sales and use taxes; remove all provisions related to defining "power of appointment" for inheritance taxes; remove all provisions related to the Kentucky Community and Technical College System institutions receiving pari-mutuel tax revenue distributions; amend KRS 138.510 to include the Bluegrass Community and Technical College in the distribution of pari-mutuel tax revenues that are required to be used for construction, expansion, or renovation of facilities or the purchase of equipment for equine programs; amend KRS 131.010 to define "administrative writings" and "tax form"; amend KRS 131.020 to establish requirements for the Office of Tax Policy and Regulation within the Department of Revenue to publish administrative writings, tax forms, and instructions to the tax forms on its website; amend KRS 131.030, 131.081, 131.130, 131.131, and 131.190 to conform; amend KRS 132.010 and 136.010 to include mains, pipes, pipelines, and conduits in the definition of "real property"; amend KRS 138.472 to define terms; allow a bad debt deduction for the motor vehicle rental and ride share excise tax; amend KRS 154.30-010 to allow modified new revenues for income tax to be used for calendar years beginning on or after January 1, 2023; amend KRS 15.460, 95A.250, and 95A.262 to increase the annual supplements to firefighters, police officers, and volunteer fire departments; require annual CPI adjustments; amend KRS 186.162 to require the Transportation Cabinet to identify the cost of issuing a child victims' trust fund special license plate; require transfer of revenues received in excess of the cost to the child victims' trust fund; amend KRS 68.200 to define "gross receipts"; apply the license fee to gross receipts derived from transportation network company services; amend 154.61-030 to establish an application fee for eligible companies; increase the administrative fee for approved companies; create a new section of KRS Chapter 205 to establish a 120 percent Medicaid reimbursement rate for out-of-state children's hospitals; disallow the hospital's eligibility to receive indirect medical education reimbursement, organ acquisition cost settlements, and disproportionate share hospital payments; require the Cabinet for Health and Family Services or the Department for Medicaid Services to seek federal approval if they determine that such approval is necessary; allow the Executive Branch Ethics Commission to increase their registration fee to provide funding for a new online filing system; make technical corrections; apply to property assessed on or after January 1, 2023; apply specified provisions to 2024-2025 and 2025-2026 fiscal years and provide sunsetting on June 30, 2026; RETROACTIVE; APPROPRIATION; EFFECTIVE, in part, August 1, 2024, and July 1, 2026; EMERGENCY.
Index Headings Effective Dates, Delayed - Firefighter, police officer, vol. fire depart annual increase and CPI adjustment, July 1, 2026
Effective Dates, Delayed - Rental ride share excise tax, bad debt deduction, August 1, 2024
Effective Dates, Emergency - Medicaid reimbursement rate, out-of-state children's hospitals
Environment and Conservation - New tire fee extension, provisions removal
Fees - Kentucky Entertainment Incentive Program, application and administrative fees
Fees - Local license fee, gross receipts, transportation network company services, imposition
Fees - New tire fee extension, provisions removal
Firefighters and Fire Departments - Annual supplement increase and CPI adjustment
Local Government - Local license fee, gross receipts, transportation network company services, imposition
Local Mandate - Property taxation, real property definition, mains, pipes, pipelines, and conduits
Motor Vehicles - New tire fee extension, provisions removal
Motor Vehicles - Rental and ride share excise tax, bad debts deduction
Oil and Natural Gas - Property taxation, real property definition, mains, pipes, pipelines, and conduits
Police, City and County - Annual supplement increase and CPI adjustment
Public Utilities - Property taxation, real property definition, mains, pipes, pipelines, and conduits
Sewer Systems - Property taxation, real property definition, mains, pipes, pipelines, and conduits
State Agencies - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation, Property - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation, Property - Real property definition, mains, pipes, pipelines, and conduits
Taxation, Sales and Use - Currency and bullion exemption, provisions removal
Taxation, Sales and Use - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation, Severance - Department of Revenue, publication of administrative writings and tax forms and instructions
Transportation - Child victims' trust fund special plate; requirements for cost and funds
Water Supply - Property taxation, real property definition, mains, pipes, pipelines, and conduits
Medicaid - Reimbursement rate, out-of-state children's hospitals
Retroactive Legislation - Child victims' trust fund special plate; requirements for cost and funds
Retroactive Legislation - Property tax, real property definition, mains, pipes, pipelines, and conduits
Retroactive Legislation - Property taxation, real property definition, mains, pipes, pipelines, and conduits, January 1, 2023
Appropriations - Child victims' trust fund
Children and Minors - Child victims' trust fund
Children and Minors - Medicaid reimbursement rate, out-of-state children's hospitals
Accountants - Local license fee, gross receipts, transportation network company services, imposition
Taxation - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation - Inheritance tax, power of appointment, provisions removal
Taxation - Local license fee, gross receipts, transportation network company services, imposition
Taxation - Motor vehicle rental and ride share excise tax, bad debts deduction
Taxation - Property tax, real property definition, mains, pipes, pipelines, and conduits
Taxation - Sales and use, currency and bullion exemption, provisions removal
Taxation - Tax increment financing projects, modified new revenues for income tax calculation
Economic Development - Kentucky Entertainment Incentive Program, application and administrative fees
Economic Development - Tax increment financing, calculation of modified new revenues
Taxation, Income--Corporate - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation, Income--Individual - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation, Income--Individual - Tax increment financing, calculation of modified new revenues
Taxation, Inheritance and Estate - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation, Inheritance and Estate - Power of appointment, provisions removal

Amendment Senate Floor Amendment 1
Sponsor J. Schickel
Summary Retain original provisions; amend KRS 139.480 to define "currency" and "bullion"; exempt currency and bullion from sales and use tax on or after August 1, 2024.
Index Headings Effective Dates, Delayed - Sales and use tax, currency and bullion exemption, August 1, 2024
Taxation, Sales and Use - Currency and bullion exemption
Taxation - Sales and use, currency and bullion exemption

Amendment Conference Committee Report 1
Summary Cannot agree.
Index Headings Conference Committee Reports - HB 8

Amendment Free Conference Committee Report 1
Summary Amend KRS 224.60-130 to extend the date for reimbursements of corrective action projects using moneys in the petroleum storage tank account; amend KRS 224.60-142 to extend the date of registration for owners of petroleum storage tanks containing motor fuels in order to be eligible to participate in the fund; extend the date allowing owners and operators to submit affidavits and applications through July 15, 2031, relevant to current petroleum storage tank accounts; amend KRS 224.60-145 to extend the small operator assistance and small operator tank removal accounts to July 15, 2031; amend KRS 224.50-868 to extend the fee currently imposed for each new motor vehicle, trailer, or semitrailer tire sold in Kentucky to July 1, 2026; create a new section of KRS Chapter 131 to require the Department of Revenue to submit an annual report to the Legislative Research Commission and the Interim Joint Committee on Appropriations and Revenue pertaining to tax law changes and actions taken by the department; amend KRS 138.510 to redistribute up to $250,000 per fiscal year in historical horse racing pari-mutuel tax revenues to the Kentucky Horse Racing Commission for the benefit of Thoroughbred, standardbred, and American quarter horse aftercare facilities in Kentucky and up to $250,000 per fiscal year to the Kentucky equine management internship program; eliminate distributions of the excise tax on historical horse races to the Kentucky Thoroughbred and standardbred breeders incentive funds; include the Bluegrass Community and Technical College in the distribution of pari-mutuel tax revenues that are required to be used for construction, expansion or renovation of facilities or the purchase of equipment for equine programs; require the host track to grant the Tourism, Arts, and Heritage Cabinet a race title sponsorship and promotional package at multiple-day international harness racing events with purses and awards over $5,000,000; amend KRS 230.770 to require that $75,000 each fiscal year be transferred from the Kentucky standardbred development fund to the Kentucky problem gambling assistance account; require the racing commission to account for all moneys within the standardbred development fund by separating those moneys as required for distribution: establish an international harness racing event reserve account for a Kentucky track that hosts an international harness racing event spanning several days and distributes at least $5,000,000 in purses and awards; beginning July 31, 2024, provide that $300,000 from the standardbred development fund be transferred annually to the international harness racing reserve account until the reserve account reaches $900,000; amend KRS 230.400 to require that $100,000 each fiscal year be transferred from the Kentucky Thoroughbred development fund to the Kentucky problem gambling assistance account; amend KRS 230.445 to require that $25,000 each fiscal year be transferred from the Kentucky quarter horse, paint horse, Appaloosa, and Arabian development fund to the Kentucky problem gambling assistance account; amend KRS 138.513 to make a technical correction; amend KRS 139.470 to increase the de minimis filing threshold to $12,000; amend KRS 139.480 to exempt the sale, use, storage, or consumption of currency and bullion from sales and use tax; amend KRS 140.040 to define "power of appointment" to mean only a general power of appointment; create a new section of KRS Chapter 141 to allow an income tax credit for the sales and use tax paid on a qualified broadband investment in this state; amend KRS 141.0205 to order the tax credit; amend KRS 141.010 to update the Internal Revenue Code reference date to the Internal Revenue Code in effect on December 31, 2023, for income tax purposes; amend KRS 141.020 to further define "GF appropriations" to exclude any appropriation from the budget reserve trust fund account that is solely supported by moneys from the budget reserve trust fund account and specifically identified in the appropriation language as not being a GF appropriation; amend KRS 141.039 to delay the deferred tax deduction until January 1, 2026, amend KRS 143.022 to allow refunds of tax paid on coal transported directly to a market outside of North America until July 1, 2026; amend KRS 186.010 to eliminate the definition of "hybrid vehicle"; amend KRS 186.050 and 138.475 to remove hybrid vehicles from the electric vehicle ownership fee; amend KRS 186.531 to eliminate fees for obtaining a personal identification card; amend KRS 131.010 to define "administrative writings" and "tax form"; amend KRS 131.020 to establish requirements for the Office of Tax Policy and Regulation within the Department of Revenue to publish administrative writings, tax forms, and instructions to the tax forms on its website; amend KRS 131.030, 131.081, 131.130, and 131.131; amend KRS 138.472 to define terms; allow a bad debt deduction for the motor vehicle rental and ride share excise tax; amend KRS 154.30-010 to allow modified new revenues for income tax to be used for calendar years 2023 to 2026; amend KRS 186.162 to require the Transportation Cabinet to identify the cost of issuing a child victims' trust fund special license plate; require transfer of revenues received in excess of the cost to the child victims' trust fund; amend KRS 68.200 to define "gross receipts"; apply the license fee to gross receipts derived from transportation network company services; amend KRS 141.020 and 141.040 relating to the exclusions from income tax earned by nonresident disaster response employees and businesses, to extend the sunset date to January 1, 2027; create new sections of Subchapter 20 of KRS Chapter 154 for a sales and use tax exemption for data centers to define terms; make declarations and state purposes for the sales and use tax incentive; provide a process for companies to apply; prohibit the rehabilitation or replacement of existing data centers; require a memorandum of agreement between the Cabinet for Economic Development and an eligible company; create a new section of KRS Chapter 139 to allow a sales and use tax exemption for a preliminarily approved company or an approved company; amend KRS 131.400, 131.420, 131.435, 131.440, and 131.445 to require the Department of Revenue to offer a tax amnesty program; amend KRS 131.190 to allow reporting of information by the department; allow the Executive Branch Ethics Commission to increase their registration fee to provide funding for a new online filing system; require the Office of the State Budget Director to submit reports on tax expenditure recommendations to the Legislative Research Commission and the Interim Joint Committee on Appropriations and Revenue; provide various revenue measures for the operation of certain state agencies; make technical corrections; apply specified provisions to 2023-2024, 2024-2025, and 2025-2026 fiscal years; EMERGENCY. ; APPROPRIATION; EMERGENCY; EFFECTIVE, in part, August 1, 2024, and January 1, 2025.
Index Headings Technical Corrections - HB 8 FCCR
Disasters - Income taxation of disaster response employees and businesses, exemptions, sunset date extension
Economic Development - Sales and use tax exemption, data centers
Economic Development - Tax increment financing, calculation of modified new revenues
Effective Dates, Delayed - Rental ride share excise tax, bad debt deduction, August 1, 2024
Effective Dates, Emergency - Various fiscal matters
Environment and Conservation - New tire fee extension
Fees - Local license fee, gross receipts, transportation network company services, imposition
Fees - New tire fee extension
Local Government - Local license fee, gross receipts, transportation network company services, imposition
Motor Vehicles - New tire fee extension
Motor Vehicles - Rental and ride share excise tax, bad debts deduction
State Agencies - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation, Property - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation, Sales and Use - Currency and bullion exemption, provisions removal
Taxation, Sales and Use - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation, Sales and Use - Exemption, data centers
Taxation, Severance - Department of Revenue, publication of administrative writings and tax forms and instructions
Transportation - Child victims' trust fund special plate; requirements for cost and funds
Medicaid - Reimbursement rate, out-of-state children's hospitals
Retroactive Legislation - Child victims' trust fund special plate; requirements for cost and funds
Retroactive Legislation - Property tax, real property definition, mains, pipes, pipelines, and conduits
Appropriations - Child victims' trust fund
Children and Minors - Child victims' trust fund
Children and Minors - Medicaid reimbursement rate, out-of-state children's hospitals
Reports Mandated - Department of Revenue, publication of administrative writings and tax forms and instructions
Reports Mandated - Office of State Budget Director, tax expenditures
Accountants - Local license fee, gross receipts, transportation network company services, imposition
Sunset Legislation - Exemptions, disaster response employees, removal of sunset date
Taxation - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation - Exclusions, income of disaster response employees and business, removal of sunset date
Taxation - Inheritance tax, power of appointment, provisions removal
Taxation - Local license fee, gross receipts, transportation network company services, imposition
Taxation - Motor vehicle rental and ride share excise tax, bad debts deduction
Taxation - Sales and use tax exemption, data centers
Taxation - Sales and use, currency and bullion exemption, provisions removal
Taxation - Tax increment financing projects, modified new revenues for income tax calculation
Taxation, Income--Corporate - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation, Income--Corporate - Exemptions, disaster response business, sunset date extension
Taxation, Income--Individual - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation, Income--Individual - Exemptions, disaster response employees, sunset date extension
Taxation, Income--Individual - Tax increment financing, calculation of modified new revenues
Taxation, Inheritance and Estate - Department of Revenue, publication of administrative writings and tax forms and instructions
Taxation, Inheritance and Estate - Power of appointment, provisions removal

Last updated: 4/13/2024 6:10 PM (EDT)