{"data":{"id":"us-ky/krs-42.4501","jurisdiction":"us-ky","citation":"KRS 42.4501","heading":"Definitions for KRS 42.450 to 42.495.","body":"As used in KRS 42.450 to 42.495:\n(1) \"Refund\" means a payment of money from the State Treasury to a taxpayer, upon\nthe authorization of the Department of Revenue following the submission of a\ntimely request filed in accordance with applicable statutes and administrative\nregulations, represent ing all or part of an overpayment previously made by the\ntaxpayer for a tax liability arising under KRS 143.020 or 143A.020; and\n(2) \"Severance and processing taxes on coal collected annually\" means the total\namount of money collected from the tax imposed by KRS 143.020 in a given fiscal\nyear, reduced by the total amount of refunds of that tax paid during the prior fiscal\nyear.","path":["KRS Chapter 42"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=44912","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:02Z","sha256":"94c552d04a3dc73d9607933d4acb3744217a235dae58940bc2077813492448ec","source_id":"us-ky","stale":false,"prev":"us-ky/krs-42.450","next":"us-ky/krs-42.453"},"notice":"GroundRules: Original legal text. Not legal advice."}