KY HB292 | 2016 | Regular Session
Status
Spectrum: Slight Partisan Bill (Democrat 5-3)
Status: Introduced on January 25 2016 - 25% progression, died in chamber
Action: 2016-01-26 - to Appropriations & Revenue (H)
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 25 2016 - 25% progression, died in chamber
Action: 2016-01-26 - to Appropriations & Revenue (H)
Text: Latest bill text (Draft #1) [PDF]
Summary
Amend KRS 141.0401 to expand the definition of "cost of goods sold" to include any costs allowed by the Internal Revenue Code; amend KRS 141.040 to conform; apply to taxable years beginning on or after January 1, 2016.
Title
AN ACT relating to the limited liability entity tax.
Sponsors
| Rep. Brent Yonts [D] | Rep. Tim Couch [R] | Rep. Jerry Miller [R] | Rep. Terry Mills [D] |
| Rep. Ruth Palumbo [D] | Rep. Jody Richards [D] | Rep. Sal Santoro [R] | Rep. Thomas Thompson [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-01-26 | House | to Appropriations & Revenue (H) |
| 2016-01-25 | House | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/16RS/HB292.htm |
| Text | http://www.lrc.ky.gov/record/16RS/HB292/bill.pdf |
| Supplement | http://www.lrc.ky.gov/record/16RS/HB292/FN.pdf |
