KY HB295 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 10 2017 - 25% progression, died in committee
Action: 2017-02-14 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on February 10 2017 - 25% progression, died in committee
Action: 2017-02-14 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
Create a new section of KRS Chapter 141 to allow an income tax credit for qualified adoption expenses incurred by an individual in an amount equal to 20% of the allowable federal credit for qualified adoption expenses; require reporting by the Department of Revenue; amend KRS 141.0205 to order the tax credit; amend various sections of KRS Chapter 131 and 141 to conform.
Title
AN ACT relating to an adoption tax credit.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-02-14 | House | to Appropriations & Revenue (H) |
| 2017-02-10 | House | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/17RS/HB295.htm |
| Text | http://www.lrc.ky.gov/recorddocuments/bill/17RS/HB295/bill.pdf |
| Supplement | http://www.lrc.ky.gov/recorddocuments/note/17RS/HB295/FN.pdf |
