SB 165/FN (BR 1613) - D. Kelly
AN ACT relating to revenue and taxation.
Amend KRS 141.390 to prevent "churning" of tax-credit qualified recycling and composting equipment, by providing that when a taxpayer receives a tax credit for the equipment and then sells the equipment within a specified recapture period, the taxpayer's credit is proportionately reduced.
Feb 1-introduced in Senate
Feb 3-to Appropriations and Revenue (S)
Mar 14-reported favorably, 1st reading, to Consent Calendar
Mar 15-2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Thursday, March 16, 2000
Mar 16-3rd reading, passed 35-1; received in House
Mar 17-to Appropriations and Revenue (H)
Mar 20-posting waived
Mar 21-reported favorably, 1st reading, to Calendar
Mar 22-2nd reading, to Rules
Mar 23-recommitted to Appropriations and Revenue (H)