KY HB35 | 2020 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 19-8)
Status: Introduced on January 7 2020 - 25% progression, died in committee
Action: 2020-01-07 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 7 2020 - 25% progression, died in committee
Action: 2020-01-07 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amend KRS 141.019 to increase the pension income exclusion from $31,110 to $41,110; apply retroactively for taxable years beginning on or after January 1, 2018; require the Department of Revenue to automatically issue refunds; APPROPRIATION; EMERGENCY.
Title
AN ACT relating to the taxation of pension income, making an appropriation therefor, and declaring an emergency.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-01-07 | House | to Appropriations & Revenue (H) |
| 2020-01-07 | House | introduced in House |
| 2019-08-05 | House | Prefiled by the sponsor(s). |
Subjects
Appropriations
Effective Dates, Emergency
Fiscal Note
Retirement and Pensions
Retroactive Legislation
Taxation
Taxation, Income--Individual
Effective Dates, Emergency
Fiscal Note
Retirement and Pensions
Retroactive Legislation
Taxation
Taxation, Income--Individual
