KY HB499

Expands motor vehicle usage tax exemption to include current members of the Kentucky National Guard or reserve component when purchasing vehicles from licensed dealers

Exempts vehicles brought into Kentucky by Armed Forces members who purchased them from licensed dealers in another state while on temporary duty assignment there

Exempts motor vehicles previously registered in another state and owned by current or former Armed Forces members, if the vehicle was purchased during their military service

Exempts vehicles under a manufacturer's statement of origin transferred from a licensed new motor vehicle dealer to a licensed used motor vehicle dealer and held for sale

Amends KRS 138.470 to add these new exemptions to existing motor vehicle usage tax exemptions