136.1873 Application of section -- Taxation of vehicles of system whose route or operation is partly within this state. The provisions of this section shall apply to assessments made prior to January 1, 2007. <br>(1) Notwithstanding the provisions of KRS 132.487, trucks, trailers, tractors, semitrailers, and buses of any person, corporation, partnership, or any other <br>business association whose route or system is partly within this state and partly <br>within another state or states, shall be assessed by the Department of Revenue for <br>purposes of taxation as of January 1 each year. (2) The proportion of miles operated in this state compared to the total miles operated everywhere shall be considered in fixing the value of the property for taxation. <br>Other reasonable evidence shall be considered in fixing the value. However, pick-up <br>and delivery vehicles operating from a terminal within this state or vehicles which <br>do not leave this state in the normal course of business shall not be valued on an <br>apportioned basis. Effective: January 1, 2007 <br>History: Amended 2006 Ky. Acts ch. 252, Pt. XV, sec. 3, effective January 1, 2007. -- Amended 2005 Ky. Acts ch. 85, sec. 314, effective June 20, 2005. -- Amended 1992 <br>Ky. Acts ch. 391, sec. 6, effective July 14, 1992. -- Created 1990 Ky. Acts ch. 437, <br>sec. 1, effective July 13, 1990.
136.1873 Application of section -- Taxation of vehicles of system whose route or operation is partly within this state. The provisions of this section shall apply to assessments made prior to January 1, 2007. <br>(1) Notwithstanding the provisions of KRS 132.487, trucks, trailers, tractors, semitrailers, and buses of any person, corporation, partnership, or any other <br>business association whose route or system is partly within this state and partly <br>within another state or states, shall be assessed by the Department of Revenue for <br>purposes of taxation as of January 1 each year. (2) The proportion of miles operated in this state compared to the total miles operated everywhere shall be considered in fixing the value of the property for taxation. <br>Other reasonable evidence shall be considered in fixing the value. However, pick-up <br>and delivery vehicles operating from a terminal within this state or vehicles which <br>do not leave this state in the normal course of business shall not be valued on an <br>apportioned basis. Effective: January 1, 2007 <br>History: Amended 2006 Ky. Acts ch. 252, Pt. XV, sec. 3, effective January 1, 2007. -- Amended 2005 Ky. Acts ch. 85, sec. 314, effective June 20, 2005. -- Amended 1992 <br>Ky. Acts ch. 391, sec. 6, effective July 14, 1992. -- Created 1990 Ky. Acts ch. 437, <br>sec. 1, effective July 13, 1990.
136.1873 Application of section -- Taxation of vehicles of system whose route or operation is partly within this state. The provisions of this section shall apply to assessments made prior to January 1, 2007. <br>(1) Notwithstanding the provisions of KRS 132.487, trucks, trailers, tractors, semitrailers, and buses of any person, corporation, partnership, or any other <br>business association whose route or system is partly within this state and partly <br>within another state or states, shall be assessed by the Department of Revenue for <br>purposes of taxation as of January 1 each year. (2) The proportion of miles operated in this state compared to the total miles operated everywhere shall be considered in fixing the value of the property for taxation. <br>Other reasonable evidence shall be considered in fixing the value. However, pick-up <br>and delivery vehicles operating from a terminal within this state or vehicles which <br>do not leave this state in the normal course of business shall not be valued on an <br>apportioned basis. Effective: January 1, 2007 <br>History: Amended 2006 Ky. Acts ch. 252, Pt. XV, sec. 3, effective January 1, 2007. -- Amended 2005 Ky. Acts ch. 85, sec. 314, effective June 20, 2005. -- Amended 1992 <br>Ky. Acts ch. 391, sec. 6, effective July 14, 1992. -- Created 1990 Ky. Acts ch. 437, <br>sec. 1, effective July 13, 1990.
