HB 297/FN (BR 1213) - R. Webb, B. Smith
AN ACT relating to contracts for the payment of taxes.
Create a new section of KRS Chapter 371 to provide that if a contract calls for one party to reimburse another for manufacturers' excise taxes, the reimbursement shall not be required more than one business day before the tax has to be remitted; require written notification to reimbursed party; allow security for the tax due.
HB 297 - AMENDMENTS
HCA (1, H. Moberly) - Clarify that provisions apply only to the federal manufacturers' excise tax on petroleum products levied under Part III of Subchapter A of Chapter 32 of the Internal Revenue Code.
Jan 15-introduced in House
Jan 16-to Appropriations and Revenue (H)
Feb 20-posted in committee
Feb 24-reported favorably, 1st reading, to Calendar with committee amendment (1)
Feb 25-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Thursday, February 26, 2004
Mar 8-3rd reading, passed 91-0 with committee amendment (1)
Mar 9-received in Senate
Mar 12-to Appropriations and Revenue (S)
Mar 24-reported favorably, 1st reading, to Consent Calendar
Mar 25-2nd reading, to Rules; posted for passage in the Consent Orders of the Day for Friday, March 26, 2004
Mar 26-passed over and retained in the Consent Orders of the Day
Mar 29-passed over and retained in the Consent Orders of the Day
Apr 12-3rd reading, passed 38-0
Apr 13-received in House; enrolled, signed by each presiding officer; delivered to Governor
Apr 22-signed by Governor (Acts ch. 143)