HB 69 (BR 313) - R. Damron, S. Lee, R. Nelson, S. Riggs, T. Riner, R. Webb
AN ACT relating to sales and use taxes.
Create a new section of KRS 139.040 to 139.090 to define "sales tax holiday"; amend KRS 139.480 to exempt clothing, school supplies, and personal computer equipment sold during the first week of August each year from the sales and use tax; define terms; allow the Revenue Cabinet to issue educational bulletins; amend KRS 139.210 and 139.340 to allow retailers to absorb the tax on other items sold during the sales tax holiday; amend KRS 139.220 and 139.370 to allow retailers to advertise accordingly; make conforming amendments.
(Prefiled by the sponsor(s))
Jan 7-introduced in House; to Appropriations and Revenue (H)