Kentucky HB499 amends the motor vehicle usage tax to exempt certain vehicles from the tax.
Kentucky HB499 amends the motor vehicle usage tax to exempt various vehicles from the tax. Exempted vehicles include those titled or registered to the United States or the Commonwealth of Kentucky, vehicles transferred between family members, vehicles transferred between business entities, and vehicles transferred to trustees or beneficiaries of trusts. The bill also exempts vehicles sold by licensed dealers to members of the Armed Forces or Kentucky National Guard, vehicles registered in Kentucky by reason of operational requirements, and vehicles previously registered in another state and.
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