Bill > HB113

This bill amends Kentucky Revised Statutes (KRS) 138.470 to create a new exemption from motor vehicle usage tax for vehicles purchased by current or former members of the United States Armed Forces while they were on active duty in another state. Specifically, the bill adds a provision that exempts motor vehicles previously registered in another state and owned by active-duty service members or veterans, provided the vehicle was purchased during their period of active military service. This means that if a service member buys a vehicle in another state while serving on active duty, they will not have to pay Kentucky's motor vehicle usage tax when they later register the vehicle in Kentucky. The exemption is designed to provide a tax benefit to military personnel who may have purchased vehicles in different states during their military service, recognizing the unique mobility and potential financial challenges faced by members of the Armed Forces.

Budget and Finance

https://apps.legislature.ky.gov/record/25RS/hb113.html