AN ACT relating to the taxation of motor vehicles.
     Amend KRS 138.450, relating to taxation of motor vehicles, to revise the definitions for "retail price"; amend KRS 138.460 to provide that the Revenue Cabinet will provide affidavits to county clerks, and to prohibit county clerks from registering a motor vehicle in some cases without the delivery of an affidavit or other notarized and signed statement and to provide guidelines for how the county clerk shall determine the retail price; amend KRS 138.990 to establish a new penalty for giving a false statement on an affidavit; amend KRS 186.190 to prohibit a person from purchasing, selling, or trading a motor vehicle without providing an affidavit or other notarized written statement to the county clerk; amend KRS 186.232 to prohibit the county clerk from transferring the registration of a motor vehicle in certain circumstances unless the transferee presents a signed affidavit or other notarized statement to the county clerk; amend KRS 132,485 to create a presumption for consent to tax; amend KRS 134.810 to make technical correction; provide that Sections 1 through 5 of the Act shall apply to motor vehicles sold after July 31, 1998; and that the amendments contained in Sections 6 and 7 of the Act shall apply to motor vehicles assessed on or after January 1, 1999.

     (Prefiled by the sponsor(s).)

     Jan 6-introduced in Senate; to Appropriations and Revenue (S)