09RS HB51

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Includes opposite chamber sponsors where requested by primary sponsors of substantially similar bills in both chambers and jointly approved by the Committee on Committees of both chambers. Opposite chamber sponsors are represented in italics.

AN ACT relating to taxation.
Amend various sections of KRS Chapter 139 to expand the sales and use tax base to include certain services and rental of commercial real estate, repeal certain exemptions, and lower the tax rate; create a new section of KRS Chapter 141 to apply the provisions of that chapter to taxable years beginning before January 1, 2010; amend KRS 141.020, 141.040, and 141.0401 to make the individual income tax, corporation income tax, and the limited liability entity tax effective for taxable years beginning before January 1, 2010; amend KRS 138.358 and 139.260 to conform; repeal KRS 139.485 and 139.486; EFFECTIVE July 1, 2009.

     (Prefiled by the sponsor(s).)

     Jan 6-introduced in House
     Jan 7-to Appropriations & Revenue (H)

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