HB 571/LM (BR 1134) - C. Ratliff
AN ACT relating to economic assistance to local governments and declaring an emergency.
Amend KRS 42.450 to provide that after July 1, 1998, 100% of the coal severance and processing taxes on coal shall be transferred from the general fund to the local government economic assistance fund; amend KRS 42.470 to eliminate the distribution to the noncoal producing impact counties; amend KRS 42.4595, 11A.233, 154.12-224, 154.47-035, and 154.47-070 to conform; repeal KRS 42.4582, 42.4585; 42.4586, 42.4588, and 42.4592; EFFECTIVE JULY 1, 1998.
Feb 11-introduced in House
Feb 12-to Appropriations and Revenue (H)