Kentucky House Bill 340 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 13 2017 - 25% progression, died in committee
Action: 2017-02-15 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [PDF]

Create a new section of KRS Chapter 141 to establish a qualified conservation contribution income tax credit; require annual report; amend KRS 141.0205 to provide for the ordering of the credit; amend KRS 146.560 to include the Kentucky Heritage Land Conservation Fund Board in the evaluation of credit applications; amend KRS 262.908 to include the Purchase of Agricultural Conservation Easements (PACE) Corporation board in the evaluation of credit applications; amend various statutes to allow the Department of Revenue to report credit information to the Legislative Research Commission.

AN ACT relating to income tax credits promoting land conservation.

Rep. James Kay [D]

Date	Chamber	Action
2017-02-15	House	to Appropriations & Revenue (H)
2017-02-13	House	introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/17RS/HB340.htm
Text	http://www.lrc.ky.gov/recorddocuments/bill/17RS/HB340/bill.pdf
Supplement	http://www.lrc.ky.gov/recorddocuments/note/17RS/HB340/FN.pdf