KY HB240 | 2023 | Regular Session

Status

Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on February 9 2023 - 25% progression, died in committee
Action: 2023-02-23 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Create a new section of KRS Chapter 141 establishing the refundable home modification tax credit, not to exceed $7,500 annually, for qualifying home installations to increase the habitability or efficiency of the residence for individuals that are age 65 or older or have a physical or mental impairment; effective for taxable years beginning on or after January 1, 2024, but before January 1, 2028; amend KRS 141.0205 to establish ordering of the credit; amend KRS 131.190 to allow information to be provided to the Legislative Research Commission.

Tracking Information

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Title

AN ACT relating to a tax credit for home installations.

Sponsors


History

DateChamberAction
2023-02-23Houseto Appropriations & Revenue (H)
2023-02-09Houseto Committee on Committees (H)
2023-02-09Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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