HB 10/LM (BR 98) - S. Nunn, K. Bratcher, R. Mobley
AN ACT relating to motor vehicles.
Create a new section of KRS Chapter 132 to exempt motor vehicles from the state ad valorem tax; amend KRS 134.805 to levy a $3 administrative fee on motor vehicle registrations; provide that county clerks are allowed to retain $1 of the fee and that the remaining $2 is to be remitted to the Revenue Cabinet; amend KRS 132.487, 134.800, 134.810, 134.815, and 134.820 to conform; EFFECTIVE JANUARY 1, 2004.
(Prefiled by the sponsor(s))
Jan 7-introduced in House; to Appropriations and Revenue (H)