Vote Smart's Synopsis:

Vote to override a governors veto and pass a bill that reduces the state income tax to 4 percent starting fiscal year 2023.

Highlights:

• Authorizes tax rate reduction of current rate minus 0.5% (Page 2).

• Expands sales tax requirements to encompass photography, marketing, telemarketing, polling, other services (Page 30-32).

• Requires peer-to-peer car sharing services be certified by Department of Transportation (Page 57).

• Requires 6% excise tax from certain vehicle rentals, sales (Page 62-63).

• Exempts consumer healthcare debt from Department of Revenue debt collection (Page 93).

• Requires $0.03/kWh excise and surtaxes from electric vehicle power dealers (Page 94).

• Increases maximum property tax credit from $400,000 to $10 million (Page 168).

Full Bill Text

Vote Smart's Synopsis:

Vote to override a governors veto and pass a bill that reduces the state income tax to 4 percent starting fiscal year 2023.

Highlights:

• Authorizes tax rate reduction of current rate minus 0.5% (Page 2).

• Expands sales tax requirements to encompass photography, marketing, telemarketing, polling, other services (Page 30-32).

• Requires peer-to-peer car sharing services be certified by Department of Transportation (Page 57).

• Requires 6% excise tax from certain vehicle rentals, sales (Page 62-63).

• Exempts consumer healthcare debt from Department of Revenue debt collection (Page 93).

• Requires $0.03/kWh excise and surtaxes from electric vehicle power dealers (Page 94).

• Increases maximum property tax credit from $400,000 to $10 million (Page 168).

Full Bill Text

Vetoed by Governor Andy Beshear