KRS 132.150: Valuation of distilled spirits certified to county clerks -- Local tax rate.

Immediately after the valuation of the distilled spirits has been finally fixed, the

department shall certify to the county clerks of the respective counties the amount liabl e

for county, city, or district taxation, and the date when the bonded period will expire on

the spirits. The report shall be filed by the county clerk in his office, and certified by him

to the proper collecting officer of the county, city, or taxing dist rict for collection. The

spirits, in addition to the tax for state purposes, shall be taxed for county, school, and city

purposes at the prevailing rates of taxation on tangible personal property in the respective

counties, school districts, and cities in which the spirits are stored, but the combined rate

of taxation for city and school purposes in cities of the first class shall not exceed one

dollar and twenty-five cents ($1.25) on each one hundred dollars ($100) of assessed value

of the spirits.