142.311 Tax on prescription drugs -- Expiration on June 30, 1999.
73 words·~1 min read·
/ky/chapter-142/142-311A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A tax is hereby imposed on pharmacies or any other provider, dispensing or
delivering in a suitable container outpatient prescription drugs in this state, at the
rate of twenty-five cents ($0.25) per prescription for which any initial payment is
received on or after July 15, 1994.
(2)The provisions of this section, and so much of KRS 142.303 and 142.307 that may
impose a tax on prescription drugs, expire June 30, 1999.