Senate amends taxation bill, returns it to House

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FRANKFORT, Ky. (WTVQ) – Legislation that would address issues that surfaced after last year’s tax overhaul passed the Senate Monday by a 33-0 vote.

House Bill 354, as amended by the Senate, “addresses taxation issues that have been confounding nonprofits around the commonwealth, frankly, for many many decades,” said Sen. Christian McDaniel, R-Taylor Mill. “For the first time, we make clear in statute that sales from onetime fundraising events are not subject to the sales tax of the commonwealth.”

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The Senate Appropriations & Revenue Committee chairman said the measure would also exempt taxation on the sales of tickets to charity events hosted by nonprofits.

Other provisions of HB 354 would clarify there be no tax on veterinary services for poultry, require online retailers to collect sales taxes for third-party sellers using the platforms and would allow gambling losses to be deducted from winnings on state income tax returns.

HB 354 also included language that would exempt the smallest of businesses, such as a teenager who cuts his neighbor’s grass, from being required to collect sales taxes on their services.

While HB 354 will now be returned to the House for a concurrence vote, Senate President Robert Stivers II, R-Manchester, said HB 354 would likely end up in a conference committee. That’s a joint committee of Senators and Representatives directed to reach agreement on legislation on which the two houses are unable to agree.

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Tom Kenny joined ABC 36 News in June of 2001 as a General Assignment Reporter. A native of Peoria, Illinois, he graduated cum laude with a Bachelor of Arts in Mass Communications from Western Illinois University. He currently anchors ABC 36 News at 5pm, 6pm and 11pm. Tom has more than three decades of experience in broadcast journalism. He is the only broadcast journalist in Lexington television history to be honored with a national Edward R. Murrow Award. Tom was recognized for reporting on a story that gave a rare glimpse inside the secretive world of the Federal Witness Protection Program. He has won an Emmy Award for anchoring and another for investigative reporting, exposing the deceit and potential danger of online diploma mills. Tom has ten other Emmy nominations to his credit for investigative and feature reporting. He has won Associated Press Awards for reporting and anchoring. He has won two Addy Awards for excellence in promotional writing. Tom was the first broadcast journalist in Lexington TV history to be awarded the Silver Circle Award by the National Academy of Television Arts and Sciences. It is one of the highest honors given by NATAS. It recognizes television professionals who have performed distinguished service within the television industry for 25-years or more. Tom was honored for more than his longevity, he was recognized for making an enduring contribution to the vitality of the television industry and for setting high standards of achievement. He was also recognized for giving back to the community as a mentor, educator and volunteer. Tom also has network broadcast experience in radio and television having worked as a sports reporter for ESPN, Sportschannel, NBC Sports and the Breeders’ Cup. He was also the studio host and halftime producer for CBS Radio Sports’ College Football Game of the Week and covered the NFL for One-On-One Radio Sports. Prior to joining WTVQ-TV, Tom was Vice-President of the Houston Astros Minor League baseball team in Lexington. He was part of the original management team that brought professional baseball back to the Bluegrass after a nearly 50-year absence. Tom has lived in Lexington since 1984. In that time, he has been heavily involved with dozens of charity and civic groups, with a special emphasis on helping Veterans. He can be reached at tkenny@wtvq.com. You can also follow Tom on Facebook www.facebook.com/TomKennyABC and Twitter @TomKennyNews. Just click on the links at the top of the page.