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 shipment 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.

Effective: July 14, 2000

History: Created 2000 Ky. Acts ch. 274, sec. 2, effective July 14, 2000.