KY HB142 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 5 2016 - 25% progression, died in chamber
Action: 2016-01-05 - to Appropriations & Revenue (H)
Text: Latest bill text (Draft #6) [PDF]
Status: Introduced on January 5 2016 - 25% progression, died in chamber
Action: 2016-01-05 - to Appropriations & Revenue (H)
Text: Latest bill text (Draft #6) [PDF]
Summary
Amend KRS 141.395 to establish a qualified research income tax credit for certain research expenses paid or incurred by the taxpayer to a Kentucky public university; declare purpose of the credit and require annual reporting to the Legislative Research Commission to enable the impact of the credit to be evaluated; sunset the tax credit currently permitted for the construction of research facilities; provide for the ordering of the credit; declare short title of the Act to be the Kentucky University Research and Development Advancement Act of 2016.
Title
AN ACT relating to tax credits promoting research and development at Kentucky public universities.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-01-05 | House | to Appropriations & Revenue (H) |
2016-01-05 | House | introduced in House |
2015-12-11 | House | Prefiled by the sponsor(s). |