KY HB442 | 2012 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 22 2012 - 25% progression, died in committee
Action: 2012-02-23 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #2) [MS Word]
Status: Introduced on February 22 2012 - 25% progression, died in committee
Action: 2012-02-23 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #2) [MS Word]
Summary
Create a new section of KRS Chapter 139 to provide for the transfer of 50 percent of the sales tax revenues collected by airport vendors to the airport where the taxes were collected; provide that the transferred funds shall be used by the airport to support projects to improve or enhance customer services, airport services, infrastructure, or any combination thereof on airport property; provide for annual reporting by the Department of Revenue and each airport; require that all amounts distributed to an airport be deposited in a separate account.
Title
AN ACT relating to economic development incentives for airports.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-23 | to Appropriations & Revenue (H) | |
| 2012-02-22 | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/12RS/HB442.htm |
| Text | http://www.lrc.ky.gov/record/12RS/HB442/bill.doc |
