06RS HB488


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Includes opposite chamber sponsors where requested by primary sponsors of substantially similar bills in both chambers and jointly approved by the Committee on Committees of both chambers. Opposite chamber sponsors are represented in italics.

HB 488/LM (BR 1558) - S. Brinkman, A. Wuchner, J. DeCesare, R. Crimm, P. Marcotte, J. Richards, A. Simpson

     AN ACT relating to the taxation of aircraft.
     Amend KRS 132.200 to exempt personal aircraft from local taxation; amend KRS 139.480 to exempt personal aircraft from the sales and use tax; provide that the property tax provision takes effect on January 1, 2007; provide that the sales tax provision takes effect on August 1, 2006.

     Feb 1-introduced in House
     Feb 2-to Appropriations and Revenue (H)

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