FRANKFORT, KY (1/20/12) - Rep. Michael Meredith, R-Brownsville (19th District) announced today he is filing two bills that if passed in the 2012 Legislative Session would provide tax exemptions to Kentucky’s equine and agricultural animal industries.
House Bill 285 would extend sales tax exemptions to any horse farms and equine operations in the Commonwealth on feed, building supplies and other items. Joining Rep. Meredith as primary co-sponsors on the bill are Rep. Sara Beth Gregory, R-Monticello, and Rep. Ryan Quarles, R-Georgetown.
“You can ask anyone in the world about what comes to mind when they hear the word Kentucky, and more than likely they’ll respond ‘horses’,” said Rep. Meredith. “It is essential that we in the General Assembly do what we can to keep our equine industry strong and thriving. It is the hope of Rep. Gregory, Rep. Quarles and I this bill is a positive step toward that goal.”
Also filed by Rep. Meredith is House Bill 288, which is passed would make any prescription drugs for the treatment and prevention of disease in beef and dairy cattle, sheep, pigs, chickens, equine, and other related farm animals exempt.
The bills were filed on January 19, 2012.
Information provided by Michael Goins
Copyright 2013 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
|< Prev||Next >|