KY HB413 | 2020 | Regular Session
Status
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on February 10 2020 - 25% progression, died in committee
Action: 2020-02-12 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 10 2020 - 25% progression, died in committee
Action: 2020-02-12 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Create a new section of KRS Chapter 7A to establish the Tax Expenditure Oversight Board; amend KRS 11.068 to require the annual production of a detailed estimate of the revenue loss resulting from each tax expenditure from the general fund and road fund; amend KRS 131.020 to require the Department of Revenue to collect, report, and provide data to the Tax Expenditure Oversight Board; amend KRS 131.190 to exempt the data provided by the Department of Revenue from the confidentiality standards for tax return data.
Title
AN ACT relating to tax expenditures.
Sponsors
| Rep. James Tipton [R] | Rep. Jason Petrie [R] | Rep. Tina Bojanowski [D] | Rep. Joe Graviss [D] |
| Rep. Maria Sorolis [D] | Rep. Susan Westrom [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-02-12 | House | to Appropriations & Revenue (H) |
| 2020-02-10 | House | introduced in House |
Subjects
Advisory Boards, Commissions, and Committees
Auditor of Public Accounts
Budget and Financial Administration
Fiscal Note
General Assembly
Legislative Research Commission
Taxation
Taxation, Income--Corporate
Taxation, Income--Individual
Taxation, Inheritance and Estate
Taxation, Property
Taxation, Sales and Use
Taxation, Severance
Auditor of Public Accounts
Budget and Financial Administration
Fiscal Note
General Assembly
Legislative Research Commission
Taxation
Taxation, Income--Corporate
Taxation, Income--Individual
Taxation, Inheritance and Estate
Taxation, Property
Taxation, Sales and Use
Taxation, Severance
