KY HB402 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 15 2019 - 25% progression, died in committee
Action: 2019-02-22 - posted in committee
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 15 2019 - 25% progression, died in committee
Action: 2019-02-22 - posted in committee
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amend KRS 132.020 to eliminate the tax expenditures for certified alcohol production facility property and fluidized bed energy production facility property; amend KRS 139.200 to eliminate the tax expenditure for pay telephones; amend KRS 141.019 to eliminate the tax expenditure for capital gains income attributable to property taken by eminent domain; amend KRS 141.039 to eliminate the tax expenditure related to coal royalty income; amend KRS 141.0401 to eliminate the tax expenditure related to certain entities exempt from paying the limited liability entity tax; amend KRS 164.0062 to eliminate the GED employer tax credit; repeal KRS 139.505 related to interstate business communications service; repeal KRS 139.537 related to coal-based near zero emission power plants; repeal KRS 141.041 related to the coal conversion tax credit; repeal KRS 141.412 related to the qualified farming operation tax credit; repeal KRS 143.023 related to the incentive for coal used in burning solid waste; amend various sections in KRS Chapters 134, 139, and 141 to conform.
Title
AN ACT relating to the repeal of tax expenditures.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-02-22 | House | posted in committee |
2019-02-19 | House | to Appropriations & Revenue (H) |
2019-02-15 | House | introduced in House |
Subjects
Taxation
Taxation, Income--Corporate
Taxation, Income--Individual
Taxation, Property
Taxation, Sales and Use
Taxation, Severance
Taxation, Income--Corporate
Taxation, Income--Individual
Taxation, Property
Taxation, Sales and Use
Taxation, Severance
Kentucky State Sources
Type | Source |
---|---|
Summary | https://apps.legislature.ky.gov/record/19RS/hb402.html |
Text | https://apps.legislature.ky.gov/recorddocuments/bill/19RS/hb402/orig_bill.pdf |