HB 672/FN (BR 1851) - H. Collins
AN ACT relating to motor vehicle usage tax.
Amend KRS 139.470 to exempt sales of motor vehicles to nonresidents if the nonresident registers the motor vehicle in a state that allows Kentucky residents to purchase motor vehicles without payment of sales tax at the time of sale or allows Kentucky residents to remove the vehicle from that state within a specific period for subsequent registration and use in Kentucky without payment of that state's sales tax; create a new section of KRS Chapter 139 to require all tax receipts, interest, and penalties resulting from the sale of a motor vehicle subject to sales tax to be deposited in the road fund, except those sales that are exempt or where the motor vehicle is purchased for nonhighway use; EFFECTIVE August 1, 2006.
HB 672 - AMENDMENTS
HCA (1/Title, H. Moberly Jr) - Make title amendment.
Feb 23-introduced in House
Feb 24-to Transportation (H)
Feb 28-posted in committee
Mar 2-reported favorably, 1st reading, to Calendar
Mar 3-2nd reading, to Rules
Mar 6-recommitted to Appropriations and Revenue (H)
Mar 8-posting waived; posted in committee
Mar 10-reported favorably, to Rules with committee amendment (1-title)
Mar 13-posted for passage in the Regular Orders of the Day for Tuesday, March 14, 2006
Mar 14-3rd reading, passed 98-0 with committee amendment (1-title)
Mar 15-received in Senate
Mar 17-to Transportation (S)
Mar 20-taken from committee; 1st reading, to Calendar
Mar 21-2nd reading; returned to Transportation (S)
Mar 23-reported favorably, to Rules as a Consent Bill