Kentucky Subject | Taxation, Inheritance and Estate

Type

Status

State	Bill	Status	Summary/Title	Last Action
KY	HB771	Veto	Amend KRS 386B.1-010 to add definitions; create new sections of Subchapter 5 of KRS Chapter 386B to permit the establishment of spendthrift trusts; establish rules for spendthrift trusts; amend KRS 386B.1-030, 386B.4-110, 386.175, 390.320, 394.035, a... [Detail][Text][Discuss]	2024-04-18 delivered to Secretary of State
KY	HB122	Pass	Amend KRS 131.010 to define "administrative writings"; amend KRS 131.020 to require the department to publish administrative writings within 120 days of the issuance or finalization; amend KRS 131.030, 131.081, 131.130, and 131.190 to conform. [Detail][Text][Discuss]	2024-04-17 signed by Governor
KY	HB785	Intro 25%	Amend KRS 140.070 and 140.080 to include a foster child as a Class A beneficiary and to delete language that only applies to deaths occurring prior to July 1, 1995, or between July 1, 1995, and June 30, 1998. [Detail][Text][Discuss]	2024-02-26 To House Committee On Committees
KY	HB50	Intro 25%	Create new sections of KRS Chapter 391 to establish the Uniform Real Property Transfer on Death Act to codify provisions for the creation, administration, modification, termination, and validity of transfer on death deeds; define terms; specify that ... [Detail][Text][Discuss]	2024-01-25 To House Appropriations and Revenue Committee
KY	HB308	Intro 25%	Create a new section of KRS Chapter 140 to limit inheritance and estate taxes to deaths occurring before August 1, 2024; amend various sections of KRS Chapter 140 to include a sunset clause for taxes and deductions imposed within the chapter; repeal ... [Detail][Text][Discuss]	2024-01-18 To House Committee On Committees
KY	HB58	Intro 25%	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]	2024-01-17 To House Economic Development & Workforce Investment Committee
KY	SB21	Intro 25%	Amend KRS 132.810 to remove the requirement that totally disabled persons filing for the homestead exemption apply annually and only require a person to reapply if the disability status of the person changes; create a new section of KRS Chapter 140 t... [Detail][Text][Discuss]	2024-01-03 To Senate Appropriations and Revenue Committee