KY SB117 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 27 2020 - 25% progression, died in committee
Action: 2020-01-29 - to Appropriations & Revenue (S)
Pending: Senate Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amend KRS 139.472 to delete the words "in humans" and "human" from the definition of "drug"; amend KRS 139.480 to exempt drugs and over-the-counter drugs that are purchased by a farmer and used in the treatment of certain farm animals; apply to sales made after August 1, 2020, but before August 1, 2024; require the Department of Revenue to report the claimed exemptions to the Interim Joint Committee on Appropriations and Revenue; amend KRS 131.190 to give the department the authority to report the information to the Legislative Research Commission; make technical corrections; EFFECTIVE August 1, 2020.

Tracking Information

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Title

AN ACT relating to sales and use tax.

Sponsors


History

DateChamberAction
2020-01-29Senateto Appropriations & Revenue (S)
2020-01-27Senateintroduced in Senate

Subjects


Kentucky State Sources


Bill Comments

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