KRS 132.160 — Taxes on distilled spirits and spirits on which federal taxes not paid, when due -- Removal of spirits -- Interest

(1) (a) Taxes on distilled spirits that shall be assessed while in a bonded warehouse
or premises as of January 1, 1967, and January 1 of each year thereafter, shall
become due September 15 following the assessment date and shall become
delinquent on January 1. Delinquent taxes on such distilled spirits shall be
subject to the same penalties as provided by law for other tangible personal
property, and the collecting officer shall have all the powers and duties to
collect such delinquent taxes, penalties, and interest as provided by law for
other tangible personal property in such taxing jurisdiction.
(b) Taxes and interest on distilled spirits assessed while in a bonded warehouse or
premises for each year prior to January 1, 1967, on which the federal tax has
not been paid, shall be due on January 1, May 1, and September 1 next after
the federal tax becomes due or is paid, or after the distilled spirits are removed
from the bonded warehouse or premises for transfer in bond out of this state.
Provided, however, the remaining state taxes and interest on distilled spirits
assessed while in a bonded warehouse or premises as of January 1, 1966, a nd
January 1, 1965, shall be due on or before January 15, 1968; the remaining
state taxes and interest on distilled spirits assessed while in a bonded
warehouse or premises as of January 1, 1964, shall be due on or before
January 15, 1969; the remaining st ate taxes and interest on distilled spirits
assessed while in a bonded warehouse or premises as of January 1, 1963, shall
become due on or before January 15, 1970; the remaining state taxes and
interest on distilled spirits assessed while in a bonded wareh ouse or premises
as of January 1, 1962, and all prior years shall become due on or before
January 15, 1971. After July 1, 1970, any owner or proprietor, or custodian of
a bonded warehouse or premises may elect to pay at one (1) time all accrued
ad valorem taxes and interest. Such taxes and interest paid under this
subsection shall be used for capital outlay by all local taxing jurisdictions.
(2) The taxes shall not become due by reason of a mere removal of the distilled spirits
from one bonded warehouse or premises to another bonded warehouse or premises
within this state, but in that event the owner or proprietor from whose bonded
warehouse or premises the distilled spirits are moved shall execute a bond with
good and sufficient surety conditioned upon a pa yment of all taxes that have
accrued upon the distilled spirits prior to removal from the county, city, or taxing
district from which the distilled spirits are removed. The bond shall be in an amount
sufficient to protect the county, city, or taxing distri ct and shall be approved by the
county judge/executive for the county, the mayor for the city, the superintendent of
any school district involved, and by the person whose duty it is to collect taxes for
any other taxing district. Prior to removal of any di stilled spirits, the owner or
proprietor from whose bonded warehouse or premises they are to be removed shall
give written notice of such intention to the county, city, or taxing district, addressed
to the officer thereof abovementioned and stating the qua ntity of distilled spirits to
be moved and the name and address of the bonded warehouse or premises to which
they are to be taken. After the distilled spirits are moved, the owner or proprietor
shall notify the same officers of the county, city, or taxing district of the amount of
accrued taxes on the distilled spirits, together with interest on the taxes. After any
distilled spirits have once been moved as provided in this section and are moved
again, all taxes that have accrued thereon up to the time of t he second removal shall
immediately become due and payable to any county, city, or taxing district to which
any taxes have accrued.
(3) The taxes on each year's assessment shall bear interest at the tax interest rate as
defined in KRS 131.010(6) until paid.