™Your Policy Risk Impact Agent
15 chapters · 869 sections in this title.
KRS § 137.115 Permissive county license taxes
1.5K chars
(1) The fiscal court of each county is hereby given the authority to impose with respect: (a) To each restaurant serving meals, a license fee not to exceed ten dollars ($10) per annum; (b) To each retail outlet of soft drinks or ice cream, a license fee not to exceed five dollars…
KRS § 137.120 Tax on production of crude petroleum
0.6K chars
(1) Every producer of crude petroleum oil shall pay a tax for state purposes equal to four and one-half percent (4.5%) of the market value of all crude petroleum produced by him in this state. (2) A producer of crude petroleum oil shall include any person owning an interest in cr…
KRS § 137.130 Transporters of crude petroleum must report and register
1.6K chars
(1) Every person engaged in the transportation of crude petroleum in this state from receptacles located at the place of production in this state shall be considered a transporter of crude petroleum. Every transporter of crude petroleum shall make a verified report to the Departm…
KRS § 137.132 Credit for production from recovered inactive petroleum well
0.6K chars
(1) As used in this section, "recovered inactive well" means a well that has been inactive for a consecutive two (2) year period or a well that has been plugged and abandoned, as determined by the Energy and Environment Cabinet, and that resumes producing crude petroleum oil. (2)…