KY HB696 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 1 2022 - 25% progression, died in committee
Action: 2022-03-01 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 1 2022 - 25% progression, died in committee
Action: 2022-03-01 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Create a new section of KRS Chapter 141 to establish a refundable renter tax credit for taxable years beginning on or after January 1, 2023, but before January 1, 2027, in the amount of 25 percent of the qualified rent payments made during the taxable year, not to exceed $1,000; amend KRS 141.0205 to order the tax credit; amend KRS 131.190 to allow reporting by the Department of Revenue.
Title
AN ACT relating to a tax credit for renters.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-03-01 | House | to Committee on Committees (H) |
| 2022-03-01 | House | introduced in House |
Subjects
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | https://apps.legislature.ky.gov/record/22RS/hb696.html |
| Text | https://apps.legislature.ky.gov/recorddocuments/bill/22RS/hb696/orig_bill.pdf |
