KY HB46 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 3 2023 - 25% progression, died in committee
Action: 2023-02-23 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 3 2023 - 25% progression, died in committee
Action: 2023-02-23 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amend KRS 141.0101 to update the expense deduction on property placed in service on or after January 1, 2023, to be the same as Section 179 of the Internal Revenue Code in effect on December 31, 2022, except the phase-out provision shall not apply.
Title
AN ACT relating to depreciation.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-02-23 | House | to Appropriations & Revenue (H) |
| 2023-01-03 | House | to Committee on Committees (H) |
| 2023-01-03 | House | introduced in House |
Subjects
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | https://apps.legislature.ky.gov/record/23RS/hb46.html |
| Text | https://apps.legislature.ky.gov/recorddocuments/bill/23RS/hb46/orig_bill.pdf |
