KRS 132.097 — Exemption from state ad valorem tax of personal property held for shipment out of state

There shall be exempt from ad valorem tax for state purposes, personal property placed in
a warehouse or distribution center for the purpose of subsequent shipmen t to an out -of-
state destination. Personal property shall be deemed to be held for shipment to an out -of-
state destination if the owner can reasonably demonstrate that the personal property will
be shipped out of state within the next six (6) months.