KY HB518

Secretary of State must create three separate standardized forms for local business tax returns: net profits occupational license tax, gross receipts occupational license tax, and occupational/payroll tax, all available in fillable PDF format

Advisory committee of 12 members from state agencies, local government associations, accountant organizations, and contractor groups must develop forms by October 23, 2026, with first meeting in August 2026

Tax districts must adopt standard forms as exclusive electronic returns or accept them alongside their own forms by January 1, 2028, with opt-out allowed only for districts with online filing systems in use before January 1, 2025

Tax districts must provide electronic filing and payment options on their websites, accept ACH transfers or other electronic payments, and issue electronic receipts upon successful submission

$2 electronic processing fee added to each electronic payment submitted, plus any additional fees directly associated with electronic payment acceptance