Public-domain · open source

KRS 142.105

Collection and remittance of CMRS prepaid service charges

Known as the Kentucky Tourism, Meeting, and Convention Marketing Act

The act spans §§ 142–142 (66 sections).

Effective: January 1, 2017 History: Created 2016 Ky

(1) The department shall collect the CMRS prepaid service charge and remit the revenues to the CMRS fund as provided in KRS 142.100 to 142.135.

(2) A retailer shall collect the CMRS prepaid service charge from consumers pursuant to KRS 65.7634, and shall remit the amounts collected to the department on a monthly basis, on or before the twentieth day of the next calendar month.

(3) The CMRS prepaid service charge collected by the retailer from any consumer shall:

(a) Be deemed to be held in trust by the retailer for and on account of the Commonwealth; and (b) Constitute a debt of the retailer to the Commonwealth.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.