160.613 Utility gross receipts license tax -- Exemptions. - Kentucky Statutes

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160.613 Utility gross receipts license tax -- Exemptions. (1) There is hereby authorized a utility gross receipts license tax for schools not to exceed three percent (3%) of the gross receipts derived from the furnishing, within
the district, of utility services, except that "gross receipts" shall not include amounts
received for furnishing energy or energy-producing fuels, used in the course of
manufacturing, processing, mining, or refining to the extent that the cost of the
energy or energy-producing fuels used exceeds three percent (3%) of the cost of
production, and shall not include amounts received for furnishing any of the above
utilities which are to be resold. (2) If any user of utility services purchases the utility services directly from any supplier who is exempt either by state or federal law from the utility gross receipts license
tax, then the consumer, if the tax has been levied in the consumer's district, shall be
liable for the tax and shall pay directly to the department, in accordance with the
provisions of KRS 160.615, a utility gross receipts license tax for schools computed
by multiplying the gross cost of all utility services received by the tax rate levied
under the provisions of this section. Effective: July 1, 2005
History: Amended 2004 Ky. Acts ch. 79, sec. 2, effective July 1, 2005. -- Amended 2002 Ky. Acts ch. 69, sec. 5, effective July 15, 2002. -- Amended 1998 Ky. Acts
ch. 500, sec. 1, effective July 15, 1998. -- Repealed and reenacted 1990 Ky. Acts
ch. 476, Pt. V, sec. 462, effective July 13, 1990. -- Amended 1980 Ky. Acts ch. 27,
sec. 1, effective March 6, 1980. -- Amended 1974 Ky. Acts ch. 250, sec. 1. -- Created
1966 Ky. Acts ch. 24, Part III, sec. 9. Legislative Research Commission Note (7/12/2006). 2005 Ky. Acts ch. 123, relating to the creation and organization of the Environmental and Public Protection Cabinet,
instructs the Reviser of Statutes to correct statutory references to agencies and
officers whose names have been changed in that Act. Such a correction has been
made in this section.