KY SB39 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 4 2023 - 25% progression, died in committee
Action: 2023-01-05 - to Appropriations & Revenue (S)
Pending: Senate Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amend KRS 154.30-010 for tax increment financing projects to include a calculation for modified new revenues for income tax which will account for future tax rate decreases;provide that this calculation is for state tax revenues received from individual income taxes on or after January 1, 2023, and is for projects approved prior to January 1, 2023.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

AN ACT relating to tax increment financing.

Sponsors


History

DateChamberAction
2023-01-05Senateto Appropriations & Revenue (S)
2023-01-04Senateto Committee on Committees (S)
2023-01-04Senateintroduced in Senate

Subjects


Kentucky State Sources


Bill Comments

feedback