{"data":{"id":"us-ky/krs-143a.035","jurisdiction":"us-ky","citation":"KRS 143A.035","heading":"Credit against tax imposed on severed or processed limestone.","body":"(1) A credit is hereby allowed against the tax imposed by this chapter on the gross\nvalue of limestone which is severed or processed within this state and sold to a\npurchaser outside of this state.\n(2) The credit allowed in subsection (1) of this section shall be equal to the tax imposed\nby this chapter on the gross value of a similar quantity of severed or processed\nlimestone valued as of the day the sale is made to a purchaser outside of this state.\n(3) The credit allowed in this section shall extend only to a taxpayer who severs or\nprocesses limestone through the rip -rap construction aggregate or agricultural\nlimestone stages, and who sells in interstate commerce not less than sixty percent\n(60%) of such stone. The credit shall not be allowed to a taxpayer wh o processes\nthe limestone beyond the agricultural limestone stage.","path":["KRS Chapter 143A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29255","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:37Z","sha256":"cd3cd7c025f8f6d960e8aff346f029455b2787a81d77e65ab988cbcde824ad7b","source_id":"us-ky","stale":false,"prev":"us-ky/krs-143a.033","next":"us-ky/krs-143a.036"},"notice":"GroundRules: Original legal text. Not legal advice."}