KY HB165 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 7 2017 - 25% progression, died in committee
Action: 2017-02-07 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 7 2017 - 25% progression, died in committee
Action: 2017-02-07 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
Amend KRS 141.0405 to once again permit the coal incentive tax credit, which was previously allowed and which sunsetted for most types of facilities in tax year 2009; amend provisions to provide an incentive to taxpayers purchasing coal, that is subject to Kentucky severance and processing tax, for use in the generation of electricity or for certain industrial processes; provide for the sunset of the credit; make technical corrections; repeal KRS 141.0406, relating to claims for the coal incentive tax credit.
Title
AN ACT relating to tax incentives to promote the increased use of Kentucky coal.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2017-02-07 | House | to Appropriations & Revenue (H) |
2017-01-07 | House | introduced in House |
Kentucky State Sources
Type | Source |
---|---|
Summary | http://www.lrc.ky.gov/record/17RS/HB165.htm |
Text | http://www.lrc.ky.gov/recorddocuments/bill/17RS/HB165/bill.pdf |
Supplement | http://www.lrc.ky.gov/recorddocuments/note/17RS/HB165/FN.pdf |