AN ACT relating to revenue and taxation.
     Amend KRS 132.020 to provide that aircraft not used in the business of transporting persons or property for compensation or hire to be taxed at a state rate of $0.015 per $100 of value; amend KRS 132.200 to allow counties, cities, schools, or other taxing districts to exempt aircraft not used in the business of transporting persons or property for compensation or hire from local taxation.

     (Prefiled by the sponsor(s).)

     Jan 6-introduced in House
     Jan 7-to Appropriations and Revenue (H)
     Jan 29-posted in committee
     Feb 3-reported favorably, 1st reading, to Calendar
     Feb 4-2nd reading, to Rules
     Feb 5-posted for passage in the Regular Orders of the Day for February 6, 1998
     Feb 20-3rd reading, passed 87-1
     Feb 23-received in Senate
     Feb 24-to Economic Development and Labor (S)
     Mar 17-reported favorably, 1st reading, to Consent Calendar
     Mar 18-2nd reading, to Rules
     Mar 19-posted for passage in the Consent Orders of the Day for March 23, 1998
     Mar 23-3rd reading, passed 38-0
     Mar 24-received in House; enrolled, signed by each presiding officer, delivered to Governor
     Apr 3-signed by Governor