HB 166/LM (BR 426) - R. Nelson, K. Hall
AN ACT relating to alcoholic beverage wholesale sales tax and making an appropriation thereof.
Amend KRS 243.884 to increase the alcoholic beverages wholesale sales tax to 20% from the current rate of 11% and distribute a portion of the proceeds of the tax to the Commonwealth fund; amend KRS 243.720 and 243.890 to conform; create a new section of KRS Chapter 41 to create the Commonwealth fund and distribute fund moneys; create a new section of KRS 15 to create the local police department grant program; EFFECTIVE July 1, 2009.
HB 166 - AMENDMENTS
HFA (1, S. Riggs) - Amend KRS 243.890 to require that alcohol taxes be deposited in the alcohol receipts trust fund; create a new section of KRS Chapter 54 to create the alcohol receipts trust fund.
HFA (2/Title, S. Riggs) - Make title amendment.
Jan 9-introduced in House
Feb 3-to Appropriations & Revenue (H)
Feb 5-floor amendments (1) and (2-title) filed