KY HB161 | 2015 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 8 2015 - 25% progression, died in committee
Action: 2015-01-09 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Status: Introduced on January 8 2015 - 25% progression, died in committee
Action: 2015-01-09 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Summary
Create a new section of KRS Chapter 132 and amend KRS 139.470, 141.020, and 141.040 to exempt small businesses located in a federally designated Promise Zone from state personal property taxes, sales and use taxes, and income taxes on the first $50,000 of net income.
Title
AN ACT relating to taxation.
Sponsors
| Rep. Rick Nelson [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-01-09 | House | to Appropriations & Revenue (H) |
| 2015-01-08 | House | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/15RS/HB161.htm |
| Text | http://www.lrc.ky.gov/record/15RS/HB161/bill.doc |
