HB 288 (BR 888) - M. Meredith, R. Quarles, J. Carney, B. Farmer, S. Gregory, K. King, S. Lee, D. Osborne, S. Rudy, W. Stone, J. Tilley, T. Turner, B. Waide, A. Webb-Edgington, J. York
AN ACT relating to the taxation of drugs used in the production of equine, livestock, poultry, aquatic organisms, and various farm animals.
Amend KRS 139.480, relating to the sales and use tax, to exempt prescription drugs and over-the-counter drugs if used in the diagnosis, cure, mitigation, treatment, or prevention of disease in beef cattle, dairy cattle, sheep, swine, poultry, llamas, alpacas, buffalos, ratites, aquatic organisms, cervids, ratite birds, and equine; amend KRS 139.472 to conform; EFFECTIVE AUGUST 1, 2012.
Jan 19-introduced in House
Jan 20-to Appropriations & Revenue (H)