Kentucky Subject | Taxation, Inheritance and Estate

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StanceStateBillStatusSummary/TitleLast Actionsort icon
KYHB122PassAmends KRS 132.010 and 136.010, relating to certain property taxes, to include certain mains, pipes, pipelines, and conduits in the definition of “real property”; amends KRS 132.590 to declare that property valuation administrators (PVAs) are off...
[Detail][Text][Discuss]		2024-04-17
signed by Governor (Acts Ch. 200)
KYHB771VetoAmend KRS 386B.1-010 to add definitions; create new sections of Subchapter 5 of KRS Chapter 386B to permit the establishment of spendthrift trusts; establish rules for spendthrift trusts; amend KRS 386B.1-030, 386B.4-110, 386.175, 390.320, 394.035, a...
[Detail][Text][Discuss]		2024-04-15
Veto not acted upon, and Bill and Veto Message filed with Secretary of State
KYHB785Intro
25%		Amend KRS 140.070 and 140.080 to include a foster child as a Class A beneficiary and to delete language that only applies to deaths occurring prior to July 1, 1995, or between July 1, 1995, and June 30, 1998.
[Detail][Text][Discuss]		2024-02-26
To House Committee On Committees
KYHB50Intro
25%		Create new sections of KRS Chapter 391 to establish the Uniform Real Property Transfer on Death Act to codify provisions for the creation, administration, modification, termination, and validity of transfer on death deeds; define terms; specify that ...
[Detail][Text][Discuss]		2024-01-25
To House Appropriations and Revenue Committee
KYHB308Intro
25%		Create a new section of KRS Chapter 140 to limit inheritance and estate taxes to deaths occurring before August 1, 2024; amend various sections of KRS Chapter 140 to include a sunset clause for taxes and deductions imposed within the chapter; repeal ...
[Detail][Text][Discuss]		2024-01-18
To House Committee On Committees
KYHB58Intro
25%		Create new sections of KRS Chapter 7A to establish the Tax Expenditure and Economic Development Incentive Review Board and specify the board's membership, authority, powers and duties; establish requirements for board meetings; establish requirements...
[Detail][Text][Discuss]		2024-01-17
To House Economic Development & Workforce Investment Committee
KYSB21Intro
25%		Amend KRS 132.810 to remove the requirement that totally disabled persons filing for the homestead exemption apply annually and only require a person to reapply if the disability status of the person changes; create a new section of KRS Chapter 140 t...
[Detail][Text][Discuss]		2024-01-03
To Senate Appropriations and Revenue Committee
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