HOUSE BILL 8 (HB8)
In April 2022, the Kentucky legislature passed House Bill 8 (HB-8). The goal of this bill is to help offset the reduction in the state individual income tax rate that is being implemented over the next several years.
Beginning January 1, 2023, only a person’s “domicile” (primary residence) will be exempt from state sales tax on utility services, including electric bills. To make sure state sales tax is not applied to the electric bill of your primary residence, South Kentucky RECC members having multiple active electric accounts may need to take immediate action.
Failure to return a completed form will result in all of your accounts being taxed according to the guidelines from the Kentucky Department of Revenue. Once a form is received, your account(s) will be updated, but any prior taxes charged are not refundable through SKRECC.
For more information, call us at 800-264-5112 or contact the Kentucky Dept of Revenue – Division of Sales and Use Tax directly at 502-564-5170. You may also visit the KENTUCKY DEPARTMENT OF REVENUE FAQ PAGE FOUND HERE.
NOTE: Questions about your specific situation cannot be addressed by employees of SKRECC. We can only provide basic information and forms to complete. Refer to the Kentucky Department of Revenue at the phone number listed above, the webpage provided, or a tax professional to ensure you are following the requirements of the law as it pertains to your properties.