One of three
bills that offer relief to Kentucky truckers facing heavy usage
taxes in that state has passed through the General Assembly and
is on the way to the governor for his signature.
HB293 has an
amendment that would exempt truckers from the tax, which can run
as high as $6,000 on a tractor-trailer.
On March 11,
the bill passed the Senate, went to conference committee and was
approved by both houses. The Senate vote was 35-0, and the House
vote was 80-6.
measure to eliminate the tax, HB349, is still stalled in the House
and is unlikely to pass. Another bill that contained the relief
as an amendment, HB255, passed the Senate earlier and is awaiting
approval of the amendment from the House. HB293 was favored by some
in the Legislature because it called for increases in truck registration
fees to make up for the revenue lost by lowering taxes.
The bills were
considered vital to the state’s trucking industry. A number of truckers
from Kentucky, Arkansas and other states had base plated in Oklahoma,
where taxes are far lower than their home states. But recent decisions
by the IRP, a reciprocal agreement between the states, and Oklahoma
mean those truckers must move their base plates to their states
of residence, which would have cost returning Kentucky truckers
thousands in taxes under the old rules.