Status of bill to eliminate sale tax for horse feed and other farm items:

House Bill #249 was filed by Royce Adams, and was heard in the Appropriations and Revenue Committee on March 25, 2008.  Currently it looks like the odds are slim that it will pass due to the extremely tight state budget; this bill if it were passed would reduce state income by an estimated $6 Million. However, if it does make it out of committee and further along the way to the House and Senate, the following items would have sales tax eliminated:  
     Amend KRS 139.531 to exempt hay, feed, feed additives, water and waterer systems, wormer, fly repellents, equine grooming supplies, straw and other bedding supplies, and seed and commercial fertilizer to be applied on land, the products from which ordinarily constitute feed for equine if these items are purchased for equine; and amend KRS 139.470 to conform; EFFECTIVE August 1, 2008.

For more information or to see the entire bill click here.