This form is a License and Services Agreement. The form provides that the receiving party acknowledges that due to the unique nature of the disclosing party's proprietary information, there can be no adequate remedy at law for any breach of its obligations. Therefore, the disclosing party will be entitled to equitable relief. The agreement also provides that the parties are independent contractors and have no right or authority to bind the other in any way.
Kentucky License and Services Agreement
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IFTA taxable vehicles start at over 26,000 pounds or has 3 or more axles regardless of weight. KYU however, is a highway usage tax that is based purely on KY mileage. KYU taxable vehicles start at over 59,999 pounds. If your vehicle is over 59,999 pounds, you will need to pay both.
Requires that CMVs be marked with the legal name, or a single trade name, of the business entity that owns or controls the motor carrier operation. This information must match the information on the motor carrier's Form MCS-150 .
KYU is a tax license issued for all carriers traveling on Kentucky roadways with a combined license weight greater than 59,999 pounds.
Kentucky does require that you maintain a vehicle inventory for your KYU number. All trucks will need to be listed on your KYU number inventory and must be added or deleted as your trucks change. You will also need to complete quarterly returns based on the miles traveled in the state of KY.
What is Kentucky Weight Distance (KYU)? KYU is a tax license issued for all carriers traveling on Kentucky roadways with a combined license weight greater than 59,999 pounds. The tax rate is $0.0285 cents per mile.
In most cases, you must pay a $40 fee to the KYTC to reinstate your license. Your suspension notice should detail whether or not you have to pay this reinstatement fee....If your license has been suspended for over a year, you will also have to:Apply for reinstatement.Pass a written test.Pay for a new driver's license.
You may apply online for a permanent KYU number through the Motor Carrier Portal or through the mail with a paper application. How do I get a KYU number? Register and obtain a KYU number online using the Motor Carrier Portal or use the Kentucky Trucking Application (TC 95-1) to apply by mail.
All commercial motor vehicles with a gross weight of 60,000 pounds or more must secure a KYU number before operating on Kentucky highways.
KYU number display is optional unless vehicle is leased and the lessor holds the KYU account. In this case the KYU number must be displayed in addition to the federally required signage.
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