2006 Kentucky Revised Statutes - .090   Certification of the tax liability of approved company.

154.34-090 Certification of the tax liability of approved company. By October 1 of each year, the Department of Revenue of the Commonwealth shall certify to the authority, in the form of an annual report, aggregate tax credits claimed on tax returns filed during the fiscal year ending June 30 of that year by approved companies with respect to their reinvestment projects under KRS 154.34-010 to 154.34-100, 141.415, and 141.416, and shall certify to the authority, within ninety (90) days from the date an approved company has filed its state tax return, when an approved company has taken inducements equal to its approved costs. Effective: June 28, 2006 History: Amended 2006 (1st Extra. Sess.) Ky. Acts ch. 2, sec. 63, effective June 28, 2006. -- Amended 2005 Ky. Acts ch. 85, sec. 586, effective June 20, 2005. -- Created 2003 Ky. Acts ch. 148, sec. 9, effective June 24, 2003. Legislative Research Commission Note (6/28/2006). 2006 (1st Extra Sess.) Ky. Acts ch. 2, sec. 73, provides that "unless a provision of this Act specifically applies to an earlier tax year, the provisions of this Act shall apply to taxable years beginning on or after January 1, 2007."