AN ACT relating to sales and use tax.

Summary

The bill directs that, by October 1 each year, eighty percent of the sales and use tax receipts, interest and penalties collected from establishments classified under NAICS code 459110 be transferred to the Kentucky Heritage Land Conservation fund. It applies to tax collections from the prior fiscal year and is intended to bolster land‑conservation financing. The measure does not create new taxes, only reallocates existing tax proceeds.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share