Download as PDF
243.886 Reimbursement for collecting and reporting.
To reimburse himself for the cost of collecting and reporting the tax, each person
required to pay and report the tax levied by KRS 243.884 shall deduct on each
report one percent (1%) of the tax due, provided the amount due is not delinquent at
the time of payment.
Effective:June 1, 1982
History: 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 comforming amendment. These words have been deleted
by the Reviser of Statutes pursuant to KRS 7.136.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
