KY HB721 | 2025 | Regular Session
Status
Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on February 19 2025 - 25% progression, died in committee
Action: 2025-02-27 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 19 2025 - 25% progression, died in committee
Action: 2025-02-27 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amend KRS 141.0401 to prevent entities doing business in Kentucky with gross receipts of less than $100,000 from paying the limited liability entity tax for taxable years beginning on or after January 1, 2026.
Title
AN ACT relating to the limited liability entity tax.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-02-27 | House | to Appropriations & Revenue (H) |
| 2025-02-19 | House | to Committee on Committees (H) |
| 2025-02-19 | House | introduced in House |
Subjects
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | https://apps.legislature.ky.gov/record/25RS/hb721.html |
| Text | https://apps.legislature.ky.gov/recorddocuments/bill/25RS/hb721/orig_bill.pdf |
