KY HB283 | 2018 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 31 2018 - 25% progression, died in committee
Action: 2018-02-02 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 31 2018 - 25% progression, died in committee
Action: 2018-02-02 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
Create a new section of KRS Chapter 141 to allow an income tax credit for qualified home modification expenses incurred by an individual equal to the actual cost of the home modifications, up to $7,500 per taxpayer per year; limit total credits to $500,000 per year; require reporting by the Department of Revenue; amend KRS 141.0205 to order the tax credit, amend various sections of KRS Chapter 131 and 141 to make technical corrections.
Title
AN ACT relating to home modification tax credits.
Sponsors
| Rep. Melinda Prunty [R] | Rep. Danny Bentley [R] | Rep. Kelly Flood [D] | Rep. Alan Gentry [D] |
| Rep. Derrick Graham [D] | Rep. Addia Wuchner [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-02 | House | to Appropriations & Revenue (H) |
| 2018-01-31 | House | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/18RS/HB283.htm |
| Text | http://www.lrc.ky.gov/recorddocuments/bill/18RS/HB283/bill.pdf |
