HB57

Kentucky HB57 amends sales and use tax exemptions for various goods and services.

Kentucky HB57 modifies the sales and use tax exemptions in the state. It exempts sales of items such as machinery for new and expanded industries, farm machinery, and livestock used in farming. It also includes exemptions for items like textbooks, building materials for construction projects, and certain fuels used in farming operations. Additionally, the bill exempts medicinal cannabis when sold, used, stored, or consumed in accordance with state law. The changes in the bill are set to take effect on August 1, 2026.