AN ACT relating to revenue and taxation.
     Amend KRS 141.235 to provide that interest will begin to accrue on income tax overpayments 90 days after the return is received; define when a return is received; provide that legislation applies to overpayments of taxes for tax years beginning after December 31, 1997; provide that Act shall be effective January 1, 1999.

     Feb 9-introduced in Senate
     Feb 10-to Appropriations and Revenue (S)
     Feb 24-reported favorably, 1st reading, to Consent Calendar
     Feb 25-2nd reading, to Rules
     Feb 26-posted for passage in the Consent Orders of the Day for February 27, 1998
     Feb 27-3rd reading, passed 37-0
     Mar 2-received in House
     Mar 3-to Appropriations and Revenue (H)