ORDINANCE NO. _____, SERIES 2021
Title
AN ORDINANCE AMENDING SEVERAL SECTIONS OF CHAPTER 110 OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT CODE OF ORDINANCES ("LMCO") REGARDING OCCUPATIONAL LICENSE TAXES.
BODY
SPONSORED BY: COUNCIL MEMBER BILL HOLLANDER
WHEREAS, Chapter 110 of the Louisville/Jefferson County Metro Government Code of Ordinances pertains to the levy of occupational license taxes as authorized by KRS 68.180, KRS 91.200 and KRS Chapter 96A; and
WHEREAS, on November 11, 2021, the Louisville/Jefferson Metro Revenue Commission (the "Revenue Commission") has approved an update to its occupational license tax regulations, such regulations to go into effect on January 1, 2022 (the "Regulations"); and
WHEREAS, during the process of revising of the Regulations, the Revenue Commission identified several minor updates that needed to be made to Chapter 110, including some changes needed to conform with language used in KRS 67.750; and
WHEREAS, the Legislative Council the Louisville/Jefferson County Metro Government desires to make these updates.
NOW, THEREFORE, BE IT ORDAINED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AS FOLLOWS:
SECTION I: LMCO 110.01 is hereby amended to read as follows:
? 110.01 DEFINITIONS.
For the purposes of this chapter the following definitions shall apply unless the context clearly indicates or requires a different meaning.
BUSINESS. Any enterprise, activity, trade, profession, occupation or undertaking of any nature conducted for gain or profit. However, this term shall not include the usual activities of boards of trade; chambers or commerce; trade associations or unions, or other association performing the services usually performed by trade associations or unions. Business shall not include funds or foundations, corporations or associations organized and operated for the exclusive and sole purpose of religious, charitable, scientific, li...
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