Kentucky Subject | Taxation, Income--Individual

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StanceStateBillStatusSummary/TitleLast Actionsort icon
KYHB659PassAmend KRS 171.397 to increase the maximum credit a taxpayer may claim to $120,000 for owner-occupied residential property and $10 million with regard to all other property and to allow the tax credit to be transferred to financial institutions that a...
[Detail][Text][Discuss]
2022-04-25
signed by Governor (Acts Ch. 238)
KYHB8PassAmend KRS 141.020 to reduce the individual income tax rate to 4% for taxable years beginning on or after January 1, 2023, and provide a further rate reduction in future years if certain thresholds of total general fund receipts are exceeded, provide ...
[Detail][Text][Discuss]
2022-04-14
delivered to Secretary of State (Acts Ch. 212)
KYHB103Intro

Sine Die
Amend KRS 141.019 to allow a tax exclusion of amounts contributed to a qualified educational expense program as defined in 26 U.S.C. sec. 529, effective for taxable years beginning on or after January 1, 2022; amend KRS 131.190 to allow reporting of ...
[Detail][Text][Discuss]
2022-03-14
To House Appropriations and Revenue Committee
KYHB176Intro

Sine Die
Amend KRS 131.400 to allow federal taxes, penalties, fees, or interest referred to the department from the federal government for collection purposes to be included within the tax amnesty program set to begin on October 1, 2022, and end on November 2...
[Detail][Text][Discuss]
2022-03-14
To House Appropriations and Revenue Committee
KYHB385Intro

Sine Die
Amend KRS 141.019 and 141.039, relating to calculation of adjusted gross income and gross income, respectively, to allow the same tax treatment as permitted under Pub. L. No. 117-2, sec. 9673, as it relates to restaurant revitalization grants.
[Detail][Text][Discuss]
2022-03-14
To House Appropriations and Revenue Committee
KYSB325FailCreate new sections of Subchapter 20 of KRS Chapter 154 to establish a stillage management tax credit for taxable years beginning on or after January 1, 2023, but before January 1, 2027; establish the Stillage Management Board consisting of 13 voting...
[Detail][Text][Discuss]
2022-03-09
WITHDRAWN
KYSB136Intro

Sine Die
Amend KRS 141.069 to include educational institutions that participate in the Academic Common Market in accordance with the Regional Compact of Southern States for Regional Educational Services, as established in KRS 164.530 and add reporting require...
[Detail][Text][Discuss]
2022-03-08
To Senate Appropriations and Revenue Committee
KYSB375Intro

Sine Die
Create new section of KRS Chapter 141 that allows for taxable years beginning on or after January 1, 2022 but before January 1, 2026 any resident subject to taxation under KRS 141.020 that incurs child care costs for employment related expenses for d...
[Detail][Text][Discuss]
2022-03-07
To Senate Appropriations and Revenue Committee
KYSB370Intro

Sine Die
Create a new section of KRS Chapter 141 to establish the electric vehicle infrastructure tax credit; amend KRS 141.0205 to order the new tax credit; amend KRS 131.190 to allow reporting by the Department of Revenue.
[Detail][Text][Discuss]
2022-03-07
To Senate Appropriations and Revenue Committee
KYSB323Intro

Sine Die
Create a new section of KRS Chapter 141 to establish the sustainable aviation fuel tax credit for taxable years beginning on or after January 1, 2023, but before January 1, 2027; compute credit based on $1.00 per gallon of qualified mixture consumed ...
[Detail][Text][Discuss]
2022-03-07
To Senate Appropriations and Revenue Committee
KYHB718Intro

Sine Die
Create a new section of KRS Chapter 141 to establish a nonrefundable, nontransferable primary care preceptor tax credit that is available for taxable years beginning on or after January 1, 2023, but before January 1, 2027; provide that the credit is ...
[Detail][Text][Discuss]
2022-03-01
To House Committee On Committees
KYHB711Intro

Sine Die
Create a new section of KRS Chapter 141 to establish a refundable income tax credit for certain volunteer firefighters; declare the purpose of the credit; require annual reporting to the Legislative Research Commission to evaluate the impact of the c...
[Detail][Text][Discuss]
2022-03-01
To House Committee On Committees
KYHB696Intro

Sine Die
Create a new section of KRS Chapter 141 to establish a refundable renter tax credit for taxable years beginning on or after January 1, 2023, but before January 1, 2027, in the amount of 25 percent of the qualified rent payments made during the taxabl...
[Detail][Text][Discuss]
2022-03-01
To House Committee On Committees
KYHB747Intro

Sine Die
Create a new section of KRS Chapter 141 to establish a nonrefundable tax credit for security modifications made to the exterior of a residential home or commercial property; establish that the credit shall be equal to the installed costs not to excee...
[Detail][Text][Discuss]
2022-03-01
To House Committee On Committees
KYHB691Intro

Sine Die
Create a new section of KRS Chapter 411 to establish a cause of action for a person who was wrongfully convicted of a felony in the Commonwealth; create a new section of KRS Chapter 23A to establish a new 10 dollar fee to be assessed in Circuit Court...
[Detail][Text][Discuss]
2022-02-28
To House Committee On Committees
KYHCR101Intro

Sine Die
Honor frontline and essential support workers and call upon the General Assembly and the Governor to award American Rescue Plan Act premium pay by budget allocation using U.S. Department of the Treasury guidelines with no state tax deductions being m...
[Detail][Text][Discuss]
2022-02-28
To House Committee On Committees
KYHB627Intro

Sine Die
Create new sections of Subchapter 20 of KRS Chapter 154 to establish a stillage management tax credit for taxable years beginning on or after January 1, 2023, but before January 1, 2027; establish the Stillage Management Board consisting of 13 voting...
[Detail][Text][Discuss]
2022-02-28
To House Committee On Committees
KYHB648Intro

Sine Die
Amend KRS 141.010 to define "active volunteer firefighter" and "qualified fire department"; amend KRS 141.019 to allow an exclusion from income of up to $5,000 for active volunteer firefighters; amend KRS 141.0215 to conform.
[Detail][Text][Discuss]
2022-02-28
To House Committee On Committees
KYSB197Intro

Sine Die
Create a new section of KRS Chapter 141 to establish a nonrefundable, nontransferable individual income tax credit related to stillbirths for taxable years beginning on or after January 1, 2022, but before January 1, 2026; require reporting by the De...
[Detail][Text][Discuss]
2022-02-24
To Senate Appropriations and Revenue Committee
KYHB556Intro

Sine Die
Amend KRS 141.418 to expand the voluntary environmental remediation tax credit for taxable years beginning on or after January 1, 2022, but before January 1, 2026, and to allow a refundable credit for these taxable years; amend KRS 141.0205 to order ...
[Detail][Text][Discuss]
2022-02-22
To House Committee On Committees
KYHB555Intro

Sine Die
Create a new section of KRS Chapter 141 to define terms for the section and establish the decontamination tax credit; make credit available for taxable years beginning on or after January 1, 2022, but before January 1, 2032; declare credit to be refu...
[Detail][Text][Discuss]
2022-02-22
To House Committee On Committees
KYHB333Intro

Sine Die
For taxable years beginning on or after January 1, 2023, but before January 1, 2027, create a new section in KRS Chapter 141 to establish the community investment credit for financial institutions making loans to a community development financial ins...
[Detail][Text][Discuss]
2022-02-17
To House Appropriations and Revenue Committee
KYHB467Intro

Sine Die
Create new sections of KRS Chapter 164A to establish within the State Treasury a fund to be used to make contributions to Kentucky opportunity accounts; amend KRS 131.190 to allow the Department of Revenue to share information with the Kentucky Highe...
[Detail][Text][Discuss]
2022-02-08
To House Committee On Committees
KYHB463Intro

Sine Die
Amend KRS 141.019 to increase the pension income exclusion from $31,110 to $41,110; apply retroactively for taxable years beginning on or after January 1, 2018; require the Department of Revenue to automatically issue refunds; APPROPRIATION; RETROACT...
[Detail][Text][Discuss]
2022-02-08
To House Committee On Committees
KYHB423Intro

Sine Die
Create a new section of KRS Chapter 6 to make definitions and require a 4-year period for all new tax expenditures enacted after the effective date of this Act; create a new section of KRS Chapter 6 to require the Interim Joint Committee on Appropria...
[Detail][Text][Discuss]
2022-02-01
To House Committee On Committees
KYHB322Intro

Sine Die
Create a new section of KRS Chapter 141 to establish a nonrefundable tax credit against the tax imposed under KRS 141.020 for qualifying contributions made to a Kentucky Education Savings Plan trust account in accordance with the guidelines in 26 U.S...
[Detail][Text][Discuss]
2022-01-19
To House Committee On Committees
KYHB255Intro

Sine Die
Create a new section of KRS Chapter 141 establishing the employer student loan repayment tax credit, equal to fifty percent of the amount paid by an employer on an eligible student loan of a qualified employee; amend KRS 141.0205 to order the tax cre...
[Detail][Text][Discuss]
2022-01-08
To House Committee On Committees
KYHB47Intro

Sine Die
Create a new section of KRS Chapter 141 to establish the employers' organ and bone marrow donation tax credit; amend KRS 141.0205 to provide the ordering of the credit; amend KRS 131.190 to allow disclosure of certain information on the credit to the...
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
KYHB125Intro

Sine Die
Create a new section of KRS Chapter 141 to establish a deduction of the first year's income for veterans who remain or move into this state immediately upon exit from the Armed Forces and maintain residency in this state for a minimum of three consec...
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
KYHB201Intro

Sine Die
Amend KRS 132.020 to freeze the state property tax rate and eliminate the tax rate reduction for qualified heavy equipment; amend KRS 136.291, 136.500, 136.505, and 136.506 to reinstate the bank franchise tax and exempt financial institutions from co...
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
KYHB187Intro

Sine Die
Create a new section of KRS Chapter 141 to allow an income tax credit for qualified home modification expenses incurred by an individual equal to the actual cost of the home modifications, up to $7,500 per taxpayer per year; require reporting by the ...
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
KYHB143Intro

Sine Die
Create new sections of KRS Chapter 7A to establish the Tax Expenditure and Economic Development Incentive Review Board and specify the board's membership, authority, powers and duties; establish requirements for board meetings; establish requirements...
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
KYHB115Intro

Sine Die
Amend KRS 141.019 to allow taxpayers to include the federal deduction for educator expenses in adjusted gross income; create a new section of KRS Chapter 141 to establish a nonrefundable educator expense credit for taxable years beginning on or after...
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
KYHB163Intro

Sine Die
Amend KRS 141.019, relating to the individual income tax, to increase the retirement distribution exclusion from $31,110 to $41,110 for taxable years beginning on or after January 1, 2022.
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
KYHB141Intro

Sine Die
Amend KRS 141.019 to exclude the income earned by an individual while on active duty as a police officer.
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
KYHB164Intro

Sine Die
Create a new section of KRS Chapter 141 to establish a refundable income tax credit for certain volunteer firefighters; declare the purpose of the credit; require annual reporting to the Legislative Research Commission to evaluate the impact of the c...
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
KYHB81Intro

Sine Die
Create a new section of KRS Chapter 205 to define "eligible recipient" "gross income," "taxable year," and "universal basic income"; create the universal basic income fund within the State Treasury and provide that money remaining in the fund at the ...
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
KYHB109Intro

Sine Die
Create a new section of KRS Chapter 141 to establish a refundable income tax credit for the costs of mitigating noise from a commercial airport for taxable years beginning on or after January 1, 2022, but before January 1, 2026; amend KRS 131.190 to ...
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
KYHB96Intro

Sine Die
Amend KRS 141.019 to exclude all distributions from military pension plans received by retired members of the United States military and their surviving spouses or former spouse under a survivor benefit plan from income taxation for taxable years beg...
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
KYHB156Intro

Sine Die
Create a new section of KRS Chapter 411 to establish a cause of action for a person who was wrongfully convicted of a felony in the Commonwealth; create a new section of KRS Chapter 23A to establish a new 10 dollar fee to be assessed in criminal case...
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
KYHB86Intro

Sine Die
Create a new section of KRS Chapter 198A to establish the nonrefundable Kentucky affordable housing credit for taxable years or periods beginning on or after January 1, 2025, for a period of five years; allow the credit to be applied to the income an...
[Detail][Text][Discuss]
2022-01-04
To House Committee On Committees
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