KY HB273 | 2020 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Republican 8-1)
Status: Introduced on January 16 2020 - 25% progression, died in committee
Action: 2020-01-21 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Create new sections of KRS Chapter 136 to establish the growth fund tax credit; amend KRS 131.190 to allow reporting of the tax credit to the Interim Joint Committee on Appropriations and Revenue; establish Subchapter 21 of KRS Chapter 154 and create new sections thereof to establish an application and approval process for investment in growth businesses by a growth fund and verification related to the new tax credit; provide that sections 5 to 11 of this Act may be cited as the Kentucky Rural Jobs Act of 2020.

Tracking Information

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Title

AN ACT relating to the establishment of a tax credit to promote investments in Kentucky businesses.

Sponsors


History

DateChamberAction
2020-01-21Houseto Appropriations & Revenue (H)
2020-01-16Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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