All commercial users of the Kentucky highways and state roads are responsible for paying the Kentucky Highway Use Tax and providing the appropriate Kentucky highway use bond. To guarantee payment of those tax amounts the State requires a security instrument, most often in the form of a surety bond. Vehicles subject to registration are those with certain gross weights. Generally the license is required for vehicles with a combined licensed weight of 60,000 lbs. and above however laws and regulations can and do change. The current size/weight parameters are available on the Kentucky Transportation Cabinet’s website.
The bond obligation states that the user of highways in the Commonwealth of Kentucky will become obligated to the Commonwealth for the payment of tax, penalties, and interest as provided by KRS 138.655 through 138.725, which impose certain duties, obligations, and liabilities upon users of highways. In addition to guaranteeing he payment of specific taxes associated with a carrier’s use of Kentucky road, the principal must also file special quarterly reports and furnish any other information that might be required by the Cabinet. The bond is cancelable by surety on sixty days notice however the Cabinet rarely requires continuation of a bond if the principal has complied with the tax reporting regulations. Bond forms and applications may be submitted to:
Kentucky Transportation Cabinet
Kentucky Highway Use Bond
P.O. Box 2007
Frankfort, KY 40602
Kentucky surety leader, Surety One, Inc. offers these instruments to all applicants regardless of credit condition and past highway use history. Visit us at SuretyOne.com, call (800) 373-2804 or email Underwriting@SuretyOne.com for a Kentucky highway use bond application or for further information about this or other insurance coverages.
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