KY HB155

Proposes a constitutional amendment to exempt food and food ingredients from all state and local excise, sales, and use taxes, excluding alcohol, tobacco, candy, dietary supplements, soft drinks, and prepared food mixed, heated, or served with utensils by retailers

Exempts prescription drugs required by state or federal law for human treatment from sales and use taxes

Exempts residential utilities (electricity, water, sewer, natural gas) from taxation when used by homeowners at their permanent residence

Exempts on-farm utilities from taxation when used by farmers regularly engaged in crop production, raising livestock/poultry for food, milk production, or raising specialty animals including ratite birds, llamas, alpacas, buffaloes, cervids, or aquatic organisms

Requires the Secretary of State to publish the proposed amendment in a statewide newspaper by the first Tuesday in August and submit it to voters at the next regular General Assembly election for ratification