To reimburse himself or herself for the cost of collecting and reporting the tax, each person required to pay and report the tax levied by KRS § 243.884, other than a microbrewery or a distiller, shall deduct on each report one percent (1) of the tax due, provided the amount due is not delinquent at the time of payment. A microbrewery or distiller that reports and pays the wholesale sales tax levied by KRS
243.884, in accordance with KRS § 243.0305 or 243.157 as applicable, shall not be entitled to deduct one percent (1) of the tax due.

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Terms Used In Kentucky Statutes 243.886

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Committee substitute: Short for committee amendment in the nature of a substitute.
  • Conference committee: A temporary, ad hoc panel composed of conferees from both chamber of a legislature which is formed for the purpose of reconciling differences in legislation that has passed both chambers. Conference committees are usually convened to resolve bicameral differences on major and controversial legislation.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Treatment: when used in a criminal justice context, means targeted interventions
    that focus on criminal risk factors in order to reduce the likelihood of criminal behavior. See Kentucky Statutes 446.010

Effective:March 12, 2021
History: Amended 2021 Ky. Acts ch. 13, sec. 18, effective March 12, 2021. — Amended 2018 Ky. Acts ch. 16, sec. 4, effective July 14, 2018. — Created 1982
Ky. Acts ch. 390, sec. 7, effective June 1, 1982.
Legislative Research Commission Note (11/5/90). The text of this section originated in Senate Committee Substitute No. 2 for 1982 House Bill 571, see
1982 Senate Journal 2026. In this substitute, Section 4 had two subsections. Floor Amendment No. 4 to this substitute deleted subsection (1) of Section 4 and removed (2) from the remainder of the text. See 1982 Senate Journal
2207-08. The Senate adopted these two items in its treatment of House Bill 571, see 1982 Senate Journal 2212, and the Free Conference Committee Report on House Bill 571 subsequently also incorporated this language, see 1982 Senate Journal 2415, 1982 House Journal 3258-3259. It was in this form that House Bill
571 passed both Houses. See 1982 Senate Journal 2425, 1982 House Journal
3259. For this reason, the words “subsection (2) of” that appeared before KRS
243.884 were retained in this section by a manifest clerical error in failing to make the necessary conforming amendment. These words have been deleted by the Reviser of Statutes pursuant to KRS § 7.136.