KY HB579 | 2010 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on March 2 2010 - 25% progression, died in committee
Action: 2010-03-04 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Status: Introduced on March 2 2010 - 25% progression, died in committee
Action: 2010-03-04 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Summary
Amend KRS 138.146 to allow the Department of Revenue to sell tax evidence on a 30-day deferred payment basis to a resident wholesaler for a 10-month period; require a financial instrument to be filed with surety; amend KRS 138.195 to increase the license fee for an unclassified acquirer to $500; allow the Department of Revenue to be capable of accepting cigarette tax information and reports electronically by facsimile; allow a licensee to sell or to purchase from any other licensee untax-paid cigarettes; require the department to file administrative regulations within 90 days of the effective date of the Act setting forth requirements for the untax-paid cigarette transfer; create a new section of KRS 138.130 to 138.205 to prohibit the department from issuing licenses to convicted felons or to persons who have had any license issued under KRS 139.195 or any other statute relating to the regulation of the manufacture, sale, or transportation of cigarettes, other tobacco products, cigarette papers, or snuff revoked for cause or has been convicted of a violation of any of those statutes, or to an individual who is not a citizen of the United States; amend KRS 365.270 to include unclassified acquirer in the definition of "wholesaler"; amend KRS 365.270 to increase the presumed cost of doing business by a wholesaler to 3.25 percent; amend KRS 365.390 to require an unclassified acquirer to pay the enforcement and administration fee on cigarettes; amend various sections of the Kentucky Revised Statutes to conform; EFFECTIVE August 1, 2010.
Title
AN ACT relating to tobacco products.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2010-03-04 | to Appropriations & Revenue (H) | |
2010-03-02 | introduced in House |
Kentucky State Sources
Type | Source |
---|---|
Summary | http://www.lrc.ky.gov/record/10RS/HB579.htm |
Text | http://www.lrc.ky.gov/record/10RS/HB579/bill.doc |