02RS HB612


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HB 612/FN (BR 1406) - R. Adkins, K. Hall

     AN ACT relating to revenue and taxation and making an appropriation therefor.
     Create new sections of KRS Chapter 142 to levy a tax of $0.50 a ton on synthetic fuel manufactured or produced from coal; provide that the tax sunsets August 1, 2007; create new sections of KRS Chapter 42 to create a coal county improvement fund; appropriate money received from the tax to the fund; provide that money in the fund shall be used to provide grants to eligible counties to promote tourism, encourage tourism development, encourage economic development, and provide necessary infrastructure.

     Feb 6-introduced in House
     Feb 7-to Appropriations and Revenue (H)
     Feb 11-posting waived

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