Statutes > Kentucky Statutes > CHAPTER 139 SALES AND USE TAXES > 139.779 Tax receipts, interest, and penalties from sale of motor vehicle to be deposited in road fund -- Exceptions.

139.779 Tax receipts, interest, and penalties from sale of motor vehicle to be deposited in road fund -- Exceptions.

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Page 1 of 1 139.779 Tax receipts, interest, and penalties from sale of motor vehicle to be deposited in road fund -- Exceptions. All tax receipts, interest, and penalties resulting from the sale of a motor vehicle subject <br>to sales tax under KRS 139.200 and not otherwise exempt from sales tax under KRS <br>139.470 shall be deposited in the road fund, unless the motor vehicle has been exempted <br>from the motor vehicle usage tax under KRS 138.460(3) for nonhighway use. All tax <br>receipts, interest, and penalties resulting from the sale of a motor vehicle, as defined in <br>KRS 138.450, which is purchased for nonhighway use shall continue to be deposited in <br>the general fund. Effective: August 1, 2006 <br>History: Created 2006 Ky. Acts ch. 252, Pt. XXXVI, sec. 2, effective August 1, 2006.