KY HB139 | 2013 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2013 - 25% progression, died in committee
Action: 2013-02-05 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Status: Introduced on January 11 2013 - 25% progression, died in committee
Action: 2013-02-05 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Summary
Amend KRS 138.140 to impose an additional cigarette surtax at a proportionate rate of 40 cents on each 20 cigarettes; deposit moneys into the Kentucky Retirement Systems unfunded liability trust fund; create a new section of KRS Chapter 138 to reenact the cigarette paper tax; amend KRS 138.143 to impose a floor stock tax at 11:59 p.m. on June 30, 2013; allow the floor stock tax to be paid in 3 installments; amend KRS 138.130 to make conforming changes; make effective only if the General Assembly creates the Kentucky Retirement Systems unfunded liability trust fund.
Title
AN ACT relating to revenue measures for financing the Kentucky Retirement Systems' unfunded liability.
Sponsors
| Rep. Tom Riner [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2013-02-05 | House | to Appropriations & Revenue (H) |
| 2013-01-11 | House | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/13RS/HB139.htm |
| Text | http://www.lrc.ky.gov/record/13RS/HB139/bill.doc |
