KY HB46 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 3 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

Amend KRS 141.0101 to update the expense deduction on property placed in service on or after January 1, 2023, to be the same as Section 179 of the Internal Revenue Code in effect on December 31, 2022, except the phase-out provision shall not apply.

Tracking Information

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Title

AN ACT relating to depreciation.

Sponsors


History

DateChamberAction
2023-02-23Houseto Appropriations & Revenue (H)
2023-01-03Houseto Committee on Committees (H)
2023-01-03Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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