Summary of Original Version

Create a new section of KRS Chapter 139 to provide a sales and use tax exemption for data centers; establish reporting requirements for the exemption; define terms; amend KRS 131.190 for conformity; EFFECTIVE July 1, 2021.

Summary of Amendment: House Committee Substitute 1

Summary Retain provisions of the original bill; add additional reporting requirements; EFFECTIVE July 1, 2021.

Summary of Amendment: Senate Committee Substitute 1

Summary Create a new section of KRS Chapter 139 to provide a sales and use tax exemption for data centers; establish reporting requirements for the exemption; define terms; create a new section of KRS Chapter 141 to provide an income tax credit for a remote worker; amend KRS 131.190 to conform; amend KRS 141.0205 to order the tax credit; EFFECTIVE July 1, 2021, for Section 1 of the Act.

Summary of Amendment: Senate Committee Amendment 1 -- C. McDaniel

Summary Make title amendment.

Summary of Amendment: Conference Committee Report 1

Summary Does not agree.

Summary of Amendment: Free Conference Committee Report 1

Summary Create a new section of KRS Chapter 139 to provide a sales and use tax exemption for data centers; establish reporting requirements for the exemption; define terms; create a new section of KRS Chapter 141 to provide an income tax credit for a remote worker; amend KRS 131.190 to conform; and amend KRS 141.0205 to order the tax credit; EFFECTIVE July 1, 2021, for Section 1 of the Act.

Statutes affected:
Introduced: 131.190
House Committee Substitute 1: 131.190
Senate Committee Substitute 1: 131.190, 141.0205
Free Conference Committee Report 1: 131.190, 141.0205
Current: 131.190