KY SB174 | 2014 | Regular Session

Status

Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on February 28 2014 - 25% progression, died in committee
Action: 2014-03-06 - to Appropriations & Revenue (S)
Pending: Senate Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]

Summary

Amend KRS 141.438 to divide the amount of Endow Kentucky tax credits that are awarded in each fiscal year beginning on or after July 1, 2015, into the two equal categories of rural focus gift credits and urban focus gift credits; define terms; allow unused rural focus gift credits to carry forward and be awarded as urban focus gift credits in the succeeding year; make conforming changes necessary for tax credits to be awarded based upon the nature of the underlying gift as either rural or urban focus.

Tracking Information

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Title

AN ACT relating to the Endow Kentucky tax credit.

Sponsors


History

DateChamberAction
2014-03-06Senateto Appropriations & Revenue (S)
2014-02-28Senateintroduced in Senate

Kentucky State Sources


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