KY HB143 | 2016 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 5 2016 - 25% progression, died in chamber
Action: 2016-01-05 - to Appropriations & Revenue (H)
Text: Latest bill text (Draft #3) [PDF]

Summary

Amend KRS 141.065 to allow an income tax credit for taxable years beginning on or after January 1, 2016, but before January 1, 2020, equal to $1,000 for employers who hire certain unemployed individuals, if the individual was employed in the coal industry immediately prior to becoming unemployed; limit the current unemployment tax credit to taxable years beginning before January 1, 2020; define the purpose of the tax credits and data required to determine if the tax credits achieve the purpose; require the Department of Revenue to provide information on these credits to the Legislative Research Commission; amend KRS 141.0205 to order the credit.

Tracking Information

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Title

AN ACT relating to the unemployment tax credit.

Sponsors


History

DateChamberAction
2016-01-05Houseto Appropriations & Revenue (H)
2016-01-05Houseintroduced in House
2015-12-11HousePrefiled by the sponsor(s).

Kentucky State Sources


Bill Comments

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