KY HB143 | 2016 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 5 2016 - 25% progression, died in chamber
Action: 2016-01-05 - to Appropriations & Revenue (H)
Text: Latest bill text (Draft #3) [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 #3) [PDF]
Summary
Amend KRS 141.065 to allow an income tax credit for taxable years beginning on or after January 1, 2016, but before January 1, 2020, equal to $1,000 for employers who hire certain unemployed individuals, if the individual was employed in the coal industry immediately prior to becoming unemployed; limit the current unemployment tax credit to taxable years beginning before January 1, 2020; define the purpose of the tax credits and data required to determine if the tax credits achieve the purpose; require the Department of Revenue to provide information on these credits to the Legislative Research Commission; amend KRS 141.0205 to order the credit.
Title
AN ACT relating to the unemployment tax credit.
Sponsors
Rep. Jody Richards [D] | Rep. Regina Huff [R] | Rep. Jill York [R] |
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). |