KY HB659 | 2022 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on April 25 2022 - 100% progression
Action: 2022-04-25 - signed by Governor (Acts Ch. 238)
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on April 25 2022 - 100% progression
Action: 2022-04-25 - signed by Governor (Acts Ch. 238)
Text: Latest bill text (Chaptered) [PDF]
Summary
Amend KRS 171.397 to increase the maximum credit a taxpayer may claim to $120,000 for owner-occupied residential property and $10 million with regard to all other property and to allow the tax credit to be transferred to financial institutions that are now taxed under the income tax statutes, instead of the bank franchise tax.
Title
AN ACT relating to revenue measures.
Sponsors
Roll Calls
2022-04-14 - House - House: Veto Override RCS# 573 (Y: 71 N: 15 NV: 0 Abs: 14) [PASS]
2022-04-14 - Senate - Senate: Third Reading RSN# 2386 (Y: 36 N: 0 NV: 0 Abs: 2) [PASS]
2022-03-15 - House - House: Third Reading RCS# 296 (Y: 85 N: 2 NV: 0 Abs: 13) [PASS]
2022-04-14 - Senate - Senate: Third Reading RSN# 2386 (Y: 36 N: 0 NV: 0 Abs: 2) [PASS]
2022-03-15 - House - House: Third Reading RCS# 296 (Y: 85 N: 2 NV: 0 Abs: 13) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-04-25 | House | signed by Governor (Acts Ch. 238) |
| 2022-04-14 | House | delivered to Governor |
| 2022-04-14 | House | enrolled, signed by President of the Senate |
| 2022-04-14 | House | enrolled, signed by Speaker of the House |
| 2022-04-14 | House | passed 71-15 |
| 2022-04-14 | House | House concurred in Senate Committee Substitute (1) and Committee Amendment (1-title) |
| 2022-04-14 | House | posted for passage for concurrence in Senate Committee Substitute (1) and committee amendment (1-title) |
| 2022-04-14 | House | taken from Rules |
| 2022-04-14 | House | to Rules (H) |
| 2022-04-14 | House | received in House |
| 2022-04-14 | Senate | passed 36-0 with Committee Substitute (1) and Committee Amendment (1-title) |
| 2022-04-14 | Senate | floor amendments (2) and (1-title) withdrawn |
| 2022-04-14 | Senate | 3rd reading |
| 2022-04-14 | Senate | posted for passage in the Consent Orders of the Day for Thursday, April 14, 2022 |
| 2022-04-14 | Senate | reported favorably, to Rules with Committee Substitute (1) and Committee Amendment (1-title) as a consent bill |
| 2022-03-30 | Senate | floor amendments (1-title) and (2) filed |
| 2022-03-30 | Senate | returned to Appropriations & Revenue (S) |
| 2022-03-30 | Senate | 2nd reading |
| 2022-03-30 | Senate | taken from Appropriations & Revenue (S) |
| 2022-03-29 | Senate | returned to Appropriations & Revenue (S) |
| 2022-03-29 | Senate | 1st reading |
| 2022-03-29 | Senate | taken from Appropriations & Revenue (S) |
| 2022-03-21 | Senate | to Appropriations & Revenue (S) |
| 2022-03-16 | Senate | to Committee on Committees (S) |
| 2022-03-16 | Senate | received in Senate |
| 2022-03-15 | House | 3rd reading, passed 85-2 |
| 2022-03-11 | House | posted for passage in the Regular Orders of the Day for Monday, March 14, 2022 |
| 2022-03-11 | House | 2nd reading, to Rules |
| 2022-03-10 | House | reported favorably, 1st reading, to Calendar |
| 2022-03-07 | House | to Economic Development & Workforce Investment (H) |
| 2022-02-28 | House | to Committee on Committees (H) |
| 2022-02-28 | House | introduced in House |
