Business Group Opposes New Law
Frankfort, KY – A suit by a business lobbying group says legislators broke Kentucky law when they approved a requirement that banks help find delinquent taxpayers.
An attorney for the group, Debra Stamper, says legislators can't use the budget to make permanent changes in state law. That's because the provisions expire after two years.
The suit was filed Tuesday by the Kentucky Bankers Association in Franklin Circuit Court. They say the provision in the suit would force banks to create an expensive monitoring system to find the delinquent taxpayers.
House appropriations committee chairman Harry Moberly says the courts are not likely to find a problem with the provision.