HB 60 (BR 103) - R. Damron, C. Belcher, J. Bell, C. Embry Jr, J. Gray, D. Keene, R. Mobley, D. Watkins
AN ACT relating to sales tax holidays and declaring an emergency.
Create a new section of KRS Chapter 139 to exempt the sale or purchase of clothing with a sales price of less than one hundred fifty dollars ($150) per item, school supplies, and computers and computer supplies with a sales price of less than one thousand five hundred dollars ($1,500) per item; define terms; outline procedures; amend KRS 139.210, 139.220 and l39.340 to allow retailers to absorb the tax on other times sold during the sales tax holiday and advertise accordingly; EMERGENCY; EFFECTIVE MAY 1, 2007.
(Prefiled by the sponsor(s).)
Dec 13-To: Interim Joint Committee on Appropriations and Revenue
Jan 2-introduced in House
Jan 3-to Appropriations and Revenue (H)