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]
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.
Title
AN ACT relating to a tax credit for home installations.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2023-02-23 | House | to Appropriations & Revenue (H) |
2023-02-09 | House | to Committee on Committees (H) |
2023-02-09 | House | introduced in House |
Subjects
Kentucky State Sources
Type | Source |
---|---|
Summary | https://apps.legislature.ky.gov/record/23RS/hb240.html |
Text | https://apps.legislature.ky.gov/recorddocuments/bill/23RS/hb240/orig_bill.pdf |