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KY HB133

Bill

Status

Introduced

1/7/2026

Primary Sponsor

Jim Gooch

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Removes fluorspar from the list of minerals exempt from Kentucky severance taxes under KRS 143A.020, making fluorspar extraction subject to taxation

  • Adds fluorspar to the statutory definition of "natural resource" in KRS 143A.010, explicitly listing it alongside rock, stone, limestone, shale, gravel, sand, clay, natural gas, and natural gas liquids

  • Maintains existing severance tax exemptions for lead, zinc, and barite severed for any purpose

  • Preserves exemptions for rock, limestone, or gravel used for privately maintained but publicly dedicated roads, and limestone sold or used for agricultural purposes qualifying for sales tax exemption under KRS 139.480

Legislative Description

AN ACT relating to severance taxes.

State Agencies

Last Action

to Appropriations & Revenue (H)

1/14/2026

Committee Referrals

Appropriations and Revenue1/14/2026
Committee On Committees1/7/2026

Full Bill Text

No bill text available