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HomeMy WebLinkAbout2021-04-8681ORDINANCE NO. 2021-04-8681 AN ORDINANCE AUTHORIZING A GROSS RECEIPT TAX EXTENSION FOR CALENDAR YEAR FILERS AND DECLARING AN EMERGENCY TO EXIST WHEREAS, both the Internal Revenue Service and the Commonwealth of Kentucky have extended the business license (based on calendar 2020 gross receipts) from April 15, 2021 to May 17, 2021; and WHEREAS, the City of Paducah wants to help businesses combat the financial impact of the novel coronavirus (COVID-19) by authorizing a local extension of the gross receipt tax from April 15, 2021 to May 17, 2021 for calendar year filers. KENTUCKY: NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF PADUCAH, SECTION 1. Authorizations. That in order to combat the financial impact of the novel coronavirus (COVID-19) in the City of Paducah, the filing deadline of the annual Gross Receipts License Tax (Business License Tax) as outlined in Section 106-61 through 106-160 of the Code of Ordinances of the City of Paducah, Kentucky, is hereby extended to May 17, 2021, for calendar year filers. The deadline of May 17, 2021, is the same time established by the Internal Revenue Service and the Commonwealth of Kentucky. The Finance Director shall ensure the tax relief provisions set forth in this Ordinance are effectuated. All persons to which said extension applies must file appropriate forms and pay their gross receipts license tax by May 17, 2021, to avoid penalties and interest. Penalties and interest will begin to accrue on any remaining unpaid balances as of May 18, 2021. SECTION 2. Limited Applicability. That all other fees and taxes, except for those waived in Section 1 above, shall remain in full force and effect and be due and payable on or before the deadlines specified by the Code of Ordinance of the City of Paducah, Kentucky. SECTION 3. Emer2encv Declared. Pursuant to KRS 83A.060, the City Commission suspends the requirement of a second reading of this ordinance. As grounds therefor, the City Commission does hereby declare an emergency to exist due to the need to mitigate the local economic effects of the COVID-19 pandemic by adopting an ordinance before the deadline of April 15, 2021. SECTION 4. Severability. The provisions of this Ordinance are declared to be severable. If any section, phrase or provision shall for any reason be declared invalid, such declaration shall not affect the validity of the remainder of this Ordinance. SECTION 5. Effective Date. This ordinance shA become effective immediately upon i its adoption by affirmative vote of 2/3 or more of the 1 ' a ' ody. n G rge Bray, Mayor ATTE T: I mdsay Parish, 'ty Clerk Adopted by the Board of Commissioners, April 13, 2021 Recorded by Lindsay Parish, City Clerk, April 13, 2021 Published by the Paducah Sun April 17, 2021 ord0usiness License Deadline extension - 2021