KRS 92.281: Levy of all taxes authorized by Constitution Section 181 -- Exceptions --

License fees -- Occupational tax.

(1) Cities of all classes are authorized to levy and collect any and all taxes provided for

in Section 181 of the Constitution of the C ommonwealth of Kentucky, and to use

the revenue therefrom for such purposes as may be provided by the legislative body

of the city.

(2) Nothing in this section shall be construed to repeal, amend, or affect in any way the

provisions of KRS 243.070.

(3) This section shall not in any wise repeal, amend, affect, or apply to any existing

statute exempting property from local taxation or fixing a special rate on proper

classification or imposing a state tax which is declared to be in lieu of all local

taxation, nor shall it be construed to authorize a city to require any company that

pays both an ad valorem tax and a franchise tax to pay a license tax.

(4) This section shall also be subject to the provisions of KRS 91.200 in cities of the

first class having a sinking fund and commissioners of a sinking fund.

(5) License fees or occupational taxes may not be imposed against or collected on

income received by precinct workers for election training or work at election booths

in state, county, and local primary, regular, or special elections.

(6) License fees or occupational taxes may not be imposed against or collected on any

profits, earnings, or distributions of an investment fund which would qualify under

KRS 154.20-250 to 154.20 -284 to the extent any profits, earn ings, or distributions

would not be taxable to an individual investor.

(7) (a) It is the intent of the General Assembly to continue the exemption from local

license fees and occupational taxes that existed on January 1, 2006, for

providers of multichannel video programming services or communications

services as defined in KRS 136.602 that were taxed under KRS 136.120 prior

to January 1, 2006.

(b) To further this intent, license fees or occupational taxes may not be imposed

against any company providing mult ichannel video programming services or

communications services as defined in KRS 136.602. If only a portion of an

entity's business is providing multichannel video programming services or

communications services including products or services that are rela ted to and

provided in support of the multichannel video programming services or

communications services, this exclusion applies only to that portion of the

business that provides multichannel video programming services or

communications services including products or services that are related to and

provided in support of the multichannel video programming services or

communications services.