HB 628/FN (BR 2190) - C. Walton, L. Brandstetter, J. Callahan, T. Kerr, P. Marcotte, R. Murgatroyd, J. Reinhardt, K. Stine
AN ACT relating to property tax.
Amend KRS 132.095 to provide that personal property shipped into this state and placed in a warehouse or distribution center pending further shipment out-of-state shall be subject to a state ad valorem tax rate of $0.05 per each $100 of value and shall be exempt from local taxation other than school districts.
Feb 17-introduced in House
Feb 18-to Appropriations and Revenue (H)
Mar 4-posting waived