HB 2

  • Kentucky House Bill
  • 2025 Regular Session
  • Introduced in House Jan 10, 2025
  • House
  • Senate
  • Governor

AN ACT relating to the taxation of currency and bullion currency and declaring an emergency.

Abstract

Create a new section of KRS Chapter 139 to create a violation when an official notice published by the secretary of the Finance and Administration Cabinet or the commissioner of the Department of Revenue improperly instructs that taxpayers should continue to collect and remit sales and use tax on currency or bullion currency, allow the taxpayer to file an action for refund in Circuit Court, and entitle the taxpayer to interest, injunctive relief, attorney's fees and costs, and liquidated damages of $1,000 for each day that the violation occurred; RETROACTIVE; EMERGENCY.

Bill Sponsors (24)

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Actions


Feb 04, 2025

House

to Appropriations & Revenue (H)

Jan 10, 2025

House

introduced in House

House

to Committee on Committees (H)

Bill Text

Bill Text Versions Format
Introduced PDF

Related Documents

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Sources

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