Kentucky legislation · 2026 Regular Session
Kentucky HB518: AN ACT relating to the collection of local business taxes and fees.
Status: Signed into law, April 7, 2026
Amend KRS 67.767 to require the Secretary of State to prescribe standard forms for net profits, gross receipts, and payroll occupational tax returns; form an advisory committee to develop the forms; require the advisory committee to file the form with the Interim Joint Committee on Local Government for its November 2026 meeting; require the Secretary of State to file administrative regulations including the standard forms and electronic links; and require tax districts to accept the standard forms and the associated payments electronically on and after January 1, 2028.
What the bill says
An act relating to the collection of local business taxes and fees.
From the committee substitute text:
AN ACT relating to the collection of local business taxes and fees. Be it enacted by the General Assembly of the Commonwealth of Kentucky: Section 1. KRS 67.767 is amended to read as follows: (1) (a) 1. The Secretary of State shall prescribe separate[a] standard [form or ]forms, through promulgation of an administrative regulation in accordance with KRS Chapter 13A, which [shall be accepted by all tax districts and ]shall allow for: a. A combined net profits and gross receipts occupational license taxes return or separate forms for a net profits occupational license tax return and a gross receipts occupational license tax return by all business entities; and b. A payroll occupational license tax return, for returns of payroll taxes by all business entities[returns of net profits and gross receipts occupational license taxes by all business entities unless the tax district opts out from acceptance in accordance with subsection (2) of this section or is exempted under subsection (3) of this section]. 2. For business entities to have the information necessary to ensure the proper payment of the taxes to each tax district, the Secretary shall also develop and update as necessary: a. Instructions [or a set of instructions ]for business entities on the completion of the standard [form or ]forms; and b. Fillable portable document format versions of each …
Sponsors
- Patrick Flannery (R, HD-096) · primary sponsor
- George Brown (D, HD-077)
- Daniel Grossberg (D, HD-030)
Latest actions
- : signed by Governor (Acts Ch. 44)
- : delivered to Governor
- : enrolled, signed by President of the Senate
- : enrolled, signed by Speaker of the House
- : received in House
- : 3rd reading, passed 38-0
- : passed over and retained in the Consent Orders of the Day
- : posted for passage in the Consent Orders of the Day for Tuesday, March 24 2026
- : 2nd reading, to Rules as a consent bill
- : reported favorably, 1st reading, to Consent Calendar
Votes
- Senate: Floor Vote RSN# 4008 (March 25, 2026): 38 yea, 0 nay, passed
- House: Pass RCS# 144 (February 25, 2026): 91 yea, 3 nay, passed
Subjects: Special Districts, Reports Mandated, Information Technology, Taxation, Local Mandate, Education, Finance, Advisory Boards, Commissions, And Committees, Counties
Common questions
- What is HB518?
- HB518 is a bill in the Kentucky Legislature (2026 Regular Session): AN ACT relating to the collection of local business taxes and fees.
- What does HB518 do?
- In its own words: An act relating to the collection of local business taxes and fees.
- What is the status of HB518?
- Signed into law as of April 7, 2026. Latest action: signed by Governor (Acts Ch. 44) (April 7, 2026).
- Who sponsored HB518?
- Patrick Flannery (R, HD-096), with 2 co-sponsors.
- Where is the official record for HB518?
- On the Kentucky Legislature website: https://apps.legislature.ky.gov/record/26rs/hb518.html
Source: official Kentucky record. Tracked by Delilah, AI for legislation across all 50 states and Congress.