HB 285 (BR 887) - M. Meredith, S. Gregory, J. Adams, B. Farmer, K. King, R. Quarles, B. Waide
AN ACT relating to the taxation of tangible personal property used in the production of equine.
Amend KRS 139.480 to exempt feed and feed additives, seed and commercial fertilizer, farm chemicals, farm machinery, water, equine embryos and semen, fuels, and on-farm facilities used in the production of equine from the sales and use tax; amend KRS 130.470 to conform; EFFECTIVE August 1, 2012.
Jan 19-introduced in House
Jan 20-to Appropriations & Revenue (H)