KY HB273 | 2020 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Republican 8-1)
Status: Introduced on January 16 2020 - 25% progression, died in committee
Action: 2020-01-21 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 16 2020 - 25% progression, died in committee
Action: 2020-01-21 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Create new sections of KRS Chapter 136 to establish the growth fund tax credit; amend KRS 131.190 to allow reporting of the tax credit to the Interim Joint Committee on Appropriations and Revenue; establish Subchapter 21 of KRS Chapter 154 and create new sections thereof to establish an application and approval process for investment in growth businesses by a growth fund and verification related to the new tax credit; provide that sections 5 to 11 of this Act may be cited as the Kentucky Rural Jobs Act of 2020.
Title
AN ACT relating to the establishment of a tax credit to promote investments in Kentucky businesses.
Sponsors
Rep. Richard Heath [R] | Rep. John Blanton [R] | Rep. Myron Dossett [R] | Rep. David Hale [R] |
Rep. Mark Hart [R] | Rep. Kim King [R] | Rep. Suzanne Miles [R] | Rep. Sal Santoro [R] |
Rep. John Sims [D] |
History
Date | Chamber | Action |
---|---|---|
2020-01-21 | House | to Appropriations & Revenue (H) |
2020-01-16 | House | introduced in House |