Public Service Branch

Public Service Companies and Central Assessed Companies are assessed annually by the Department of Revenue. 

Public Service Companies include;

• passenger and freight air carriers
• electric distributors
• power generators
• gas distributors
  
• gas utilities
• gas pipelines
• gas transmission
• LNG transmission
• crude oil and refined products transmission
• privately owned water and sewer companies
• interstate and intrastate railroads
• railroad car lines
• commercial solar electric generators
• commercial wind and hydro electric generators
• rural electric coops

Centrally Assessed Companies​ include;

• commercial watercraft (boats and barges)
• distilled spirits in bonded warehouses
• electric plant boards
• property owned by the Tennessee Valley Authority
• financial institutions (banks) deposit tax
• domestic or foreign savings and loan institutions
• domestic life insurance
• privately owned contained solid waste landfills (beginning in 2017)
• communication service providers & multichannel video programming service providers

Statutory Guidelines

• Public Service Companies - KRS 136.115 through KRS 136.180
• Commercial Watercraft - KRS 136.1801 through KRS 136.1806
• Communication Service Providers and Multichannel Video Programming Service Providers - KRS 136.602, KRS 136.600 through KRS 136.660
• Electric Plant Boards - KRS 96.820, KRS 96.570(11), and KRS 96.179
• Tennessee Valley Authority - KRS 96.550 through KRS 96.900
• Distilled Spirits in Bonded Warehouses - KRS 132.130 through KRS 132.180
• Franchise Tax of Local Bank Deposits - KRS 136.575 and KRS 136.555
• Bank Deposits - KRS 132.030 and KRS 132.040
• Domestic Savings and Loan - KRS 136.290 and KRS 136.300
• Foreign Savings and Loan - KRS 136.310 and KRS 136.300
• Domestic Life Insurance - KRS 136.320
• Privately owned solid waste landfills - KRS 132.202 and 103 KAR 8:160

Filing Deadlines

January 31st of each year

• Domestic Savings and Loan - Form 62A600
  
• Foreign Savings and Loan - Form 62A601-P​​

February 1st of each year

• Distilled Spirits in Bonded Warehouses - Form 61A508 (S1-S6)​ / Form 61A508 (S1-S6) (Fill-in)
  

March 1st of each year

• Bank Deposits - Form 62A850
  

April 1st of each year

• Domestic Life Insurance - Form 62A329

April 30th of each year

• Air Carriers – Passenger, Freight and Medical - Revenue Form 61A206-P and Form 61A206-M
  
• Electric Utilities and Electric Power Companies - Form 61A200-P, Form 61A200-A, and Form 61A200-J.
  
• Electric and Gas Marketers / Resellers - Form 61A200-P, Form 61A200-A, and Form 61A200-J
  
• Commercial Solar / Wind / Hydro Electric - Form 61A200-P, Form 61A200-A, and Form 61A200-J
  
• Rural Electric Cooperatives - Form 61A200-P, Form 61A200-A, and Form 61A200-J
  
• Privately owned solid waste landfills - Form 61A800
  
• Gas Utilities - Form 61A200-P, Form 61A200-A, and Form 61A200-J
  
• Gas Pipelines / Transmission - Form 61A200-P, Form 61A200-A, and Form 61A200-J
  
• Liquid Pipelines / Transmission - Form 61A200-P, Form 61A200-A, and Form 61A200-J
  
• Railroads / Interstate and Intrastate - Form 61A200-P, Form 61A200-A, and Form 61A200-J
  
• Water Utilities - Privately Owned - Form 61A200-P, Form 61A200-A, and Form 61A200-J
  
• Sewer Utilities – Privately Owned - Form 61A200-P, Form 61A200-A, and Form 61A200-J
  
• Electric Plant Boards - Form 61A200-P, Form 61A200-A, and Form 61A200-J
  
• Railroad Car Lines - Form 61A202 (PDF) or Form 61A202 (Excel)
  

May 15th of each year

• Communication Service Providers and Multichannel Video Programming Service Providers - Form 61A500 (PDF) and Form 61A500 (Excel)
  
• Commercial Watercraft - Form 61A207​ (PDF) or Form 61A207 (Excel)
  

August 15th of each year

• Franchise Tax of Local Bank Deposits - Form 62A863-P and 62A863
  

Filing Extensions

30 day extensions are granted for filing of the Public Service Company Property Tax Return (Revenue Form 61A200), if Schedule E is completed and filed on or before April 30th. Once your request is received, we’ll notify you by mail with our decision to either grant or deny the request.

Extensions are not granted for;

• Distilled spirits in bonded warehouses returns
• Commercial watercraft return
• Telecommunication return
• Savings and Loan, Bank Deposits, Domestic Life Insurance, Franchise Tax Local Deposits returns
• Privately owned contained solid waste landfills