KY HB394 | 2010 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Engrossed on March 9 2010 - 50% progression, died in committee
Action: 2010-03-10 - to Appropriations & Revenue (S)
Pending: Senate Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Status: Engrossed on March 9 2010 - 50% progression, died in committee
Action: 2010-03-10 - to Appropriations & Revenue (S)
Pending: Senate Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Summary
Amend KRS 141.388 to lower the new home tax credit cap to $15 million and allow certain purchases qualifying for the federal first-time home buyer tax credit to also receive the Kentucky new home tax credit; apply the amended new home tax credit cap to all purchases of qualified principal residences within the approved time; apply the expansion of the new home tax credit to purchases of qualified principal residences after November 6, 2009; EMERGENCY.
Title
AN ACT relating to the new home tax credit for income tax purposes and declaring an emergency.
Sponsors
| Rep. Scott Brinkman [R] | Rep. Ron Crimm [R] | Rep. Robert Damron [D] | Rep. Fred Nesler [D] |
| Rep. David Osborne [R] | Rep. Thomas Thompson [D] | Rep. Brent Yonts [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-03-10 | to Appropriations & Revenue (S) | |
| 2010-03-09 | received in Senate | |
| 2010-03-08 | 3rd reading, passed 95-0 with Committee Substitute | |
| 2010-03-03 | posted for passage in the Consent Orders of the Day for Monday, March 8, 2010 | |
| 2010-03-03 | 2nd reading, to Rules | |
| 2010-03-02 | reported favorably, 1st reading, to Consent Calendar with Committee Substitute | |
| 2010-02-26 | posted in committee | |
| 2010-02-08 | to Appropriations & Revenue (H) | |
| 2010-02-05 | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/10RS/HB394.htm |
| Text | http://www.lrc.ky.gov/record/10RS/HB394/bill.doc |
