AN ACT relating to revenue measures and declaring an emergency.

Amend KRS 139.340 to redefine the sales and use tax nexus standard for remote retailers and marketplace providers to include a sales volume threshold only; amend KRS 131.383 and 141.044 to allow the Department of Revenue to refund an estimated tax payment in the event the payment was submitted to the department in error; amend KRS 96.895 to require reporting by the Department for Local Government to the Legislative Research Commission related to the Tennessee…

Taxation Taxation, Income--Corporate Taxation, Income--Individual Taxation, Inheritance and Estate Taxation, Property Taxation, Sales and Use Taxation, Severance Technical Corrections Telecommunications Tobacco Vaping Wills, Trusts, And Estates Accountants Advertising Agriculture Athletics Budget and Financial Administration Business Entities And Organizations Capital Construction Cities Coal Commerce County Clerks Deaths Economic Development Education, Finance Effective Dates, Delayed Effective Dates, Emergency Energy Environment and Conservation Fees Funds Housing, Building, and Construction Investments Jails and Jailers Liens Local Government Minerals and Mining Pollution Property Public Buildings and Grounds Public Utilities Real Estate Reports Mandated Retroactive Legislation Science and Technology Small Business Special Purpose Governmental Entities State Agencies Sunset Legislation

Effective date: set within the act

This act specifies its own effective date(s) for some or all of its sections instead of following the standard 90-day rule (Ky. Constitution § 55). See the act text for the exact dates.

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This is a wide-ranging revenue and tax bill that makes dozens of changes to Kentucky's tax code, including new excise taxes on fantasy contests and predictive markets, sales taxes on data brokering services and pay phones, a revised tax on premium cigars, and a natural resource tax on fluorspar. It also ends or phases out several existing tax credits and exemptions, adjusts rules for school district taxing authority, extends some existing fees, and updates how…

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