By Joe Arnold
LOUISVILLE, Ky. (WHAS11) – One day after a letter surfaced from large utility customers expressing opposition to a local option sales tax in Kentucky, one of the companies on that list – General Electric – tells WHAS11 not only did it not authorize the letter, but actually supports the sales tax proposal.
Kim Freeman, a spokeswoman for General Electric’s Appliance Park in Louisville, said Wednesday that though GE is one of thirty businesses on the letterhead of Kentucky Industrial Utility Customers (KIUC) it disapproves of the Cincinnati-based coalition sending the letter to all Kentucky lawmakers.
Approved earlier this month by the Kentucky House, HB1 is a constitutional amendment that would allow local voters to temporarily raise their own sales taxes to pay for major projects.
The KIUC letter argues that a 1 percent sales tax increase would cost large utility customers an extra $24 million per year. Residential power bills are exempt from sales taxes, but industrial users pay sales tax on their power bills.
“We support it,” Freeman said of the local option tax.
Democratic House Speaker Greg Stumbo said Tuesday that any such companies could easily be exempted by voters who decide whether to approve specific projects.
HB1 faces an uncertain future in the Kentucky Senate.