HB 8 KY Became Law
AN ACT relating to revenue measures and declaring an emergency.
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Summary
Amend KRS 141.020 to reduce the individual income tax rate to 4% for taxable years beginning on or after January 1, 2023, and provide a further rate reduction in future years if certain thresholds of total general fund receipts are exceeded, provide that the tax rate shall not exceed a reduction of more than one percentage point in a calendar year, and eliminate the tax credit for a fiduciary and an estate; amend KRS 139.010 to define terms; amend KRS 139.200 to impose sales tax on certain services; amend KRS 139.482 to remove the exemption of sales and use tax on charges for admission to historical sites; amend KRS 139.310 to impose the use tax on certain services; amend KRS 139.340 to conform; amend KRS 139.470 to only allow an exemption of residential utilities for the resident's place of domicile, lower the de minimis threshold to $3,000 for the selling of certain services; amend KRS 281.010 to define terms; amend KRS 281.630 to require a peer-to-peer car sharing certificate; create a new section of KRS Chapter 138 to impose an excise on the privilege of providing a motor vehicle for sharing or for rent within the Commonwealth; amend KRS 138.462 to conform; create a new section of KRS Chapter 139 to exclude the gross receipts from the additional taxable services imposed if derived from a contract executed on or before the date of introduction; create a new section of KRS Chapter 91A to define terms; amend various section of KRS Chapter 91A to conform; amend KRS 155.440 to define terms; amend KRS 153.450 to conform; amend KRS 142.400 to define terms; amend KRS 65.060 to conform; amend KRS 45A.077 to extend the time that a public-private partnership may be established without approval by the General Assembly; amend KRS 131.130 to prohibit the Department of Revenue from collecting any consumer debt owed for health care goods and services; create a new section of KRS Chapter 138 to impose a tax on electric vehicle power distributed in this state by an electric vehicle power dealer; amend KRS 186.050 to require the county clerk to collect the battery reclamation and mitigation fees; create a new section of KRS Chapter 138 to impose the battery reclamation and mitigation fees on an electric vehicle or a hybrid vehicle; provide various revenue measures for the operation of certain state agencies, the exemption of state and local tax on water withdrawal fees, and the deposit of certain taxes; provide if any provision is held invalid, the invalidity shall not affect the other provisions.
Sponsors (15)
- J. Petrie Republican · primary
- B. Reed · primary
- S. Baker Republican · primary
- L. Bechler · primary
- K. Fleming · primary
- C. Fugate Republican · primary
- R. Heath · primary
- A. Koenig · primary
- C. Massey · primary
- M. Meredith Republican · primary
- J. Nemes Republican · primary
- D. Osborne Republican · primary
- S. Rudy Republican · primary
- W. Thomas Republican · primary
- J. Tipton Republican · primary
Action history (50)
- Feb 25, 2022 introduced in House · lower
- Feb 25, 2022 to Committee on Committees (H) · lower
- Feb 25, 2022 to Appropriations & Revenue (H) · lower
- Feb 25, 2022 taken from Appropriations & Revenue (H) · lower
- Feb 25, 2022 1st reading · lower
- Feb 25, 2022 returned to Appropriations & Revenue (H) · lower
- Feb 28, 2022 taken from Appropriations & Revenue (H) · lower
- Feb 28, 2022 2nd reading · lower
- Feb 28, 2022 returned to Appropriations & Revenue (H) · lower
- Mar 4, 2022 reported favorably, to Rules with Committee Substitute (1) and Committee Amendment (1-title) · lower
- Mar 4, 2022 taken from Rules (H) · lower
- Mar 4, 2022 placed in the Orders of the Day · lower
- Mar 4, 2022 3rd reading, passed 67-23 with Committee Substitute (1) and Committee Amendment (1-title) · lower
- Mar 7, 2022 received in Senate · upper
- Mar 7, 2022 to Committee on Committees (S) · upper
- Mar 8, 2022 to Appropriations & Revenue (S) · upper
- Mar 22, 2022 taken from Appropriations & Revenue (S) · upper
- Mar 22, 2022 1st reading · lower
- Mar 22, 2022 returned to Appropriations & Revenue (S) · upper
- Mar 23, 2022 taken from Appropriations & Revenue (S) · upper
- Mar 23, 2022 2nd reading · lower
- Mar 23, 2022 returned to Appropriations & Revenue (S) · upper
- Mar 29, 2022 reported favorably, to Rules with Committee Substitute (1) · lower
- Mar 29, 2022 posted for passage in the Regular Orders of the Day for Tuesday, March 29, 2022 · lower
- Mar 29, 2022 3rd reading, passed 27-8 with Committee Substitute (1) · lower
- Mar 29, 2022 received in House · lower
- Mar 29, 2022 to Rules (H) · lower
- Mar 29, 2022 taken from Rules · lower
- Mar 29, 2022 placed in the Orders of the Day · lower
- Mar 29, 2022 House concurred in Senate Committee Substitute (1) · lower
- Mar 29, 2022 passed 70-24 · lower
- Mar 30, 2022 enrolled, signed by Speaker of the House · lower
- Mar 30, 2022 enrolled, signed by President of the Senate · upper
- Mar 30, 2022 delivered to Governor · lower
- Apr 8, 2022 Vetoed · lower
- Apr 13, 2022 received in House · lower
- Apr 13, 2022 to Rules (H) · lower
- Apr 13, 2022 taken from Rules · lower
- Apr 13, 2022 posted for passage for consideration of Governor's veto · lower
- Apr 13, 2022 veto overridden · lower
- Apr 13, 2022 passed 72-25 · lower
- Apr 13, 2022 received in Senate · upper
- Apr 13, 2022 to Rules (S) · upper
- Apr 13, 2022 posted for passage for consideration of Governor's veto · lower
- Apr 13, 2022 veto overridden · lower
- Apr 13, 2022 passed 28-8-1 · lower
- Apr 13, 2022 received in House · lower
- Apr 14, 2022 enrolled, signed by Speaker of the House · lower
- Apr 14, 2022 enrolled, signed by President of the Senate · upper
- Apr 14, 2022 delivered to Secretary of State (Acts Ch. 212) · lower
Text versions (3)
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