KY HB187 | 2022 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 4 2022 - 25% progression, died in committee
Action: 2022-01-04 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 4 2022 - 25% progression, died in committee
Action: 2022-01-04 - 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 allow an income tax credit for qualified home modification expenses incurred by an individual equal to the actual cost of the home modifications, up to $7,500 per taxpayer per year; require reporting by the Department of Revenue; amend KRS 141.0205 to order the tax credit; amend KRS 131.190 to allow the Department of Revenue to report information to the Interim Joint Committee on Appropriations and Revenue.
Title
AN ACT relating to the home modification tax credit.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-04 | House | to Committee on Committees (H) |
| 2022-01-04 | House | introduced in House |
Subjects
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | https://apps.legislature.ky.gov/record/22RS/hb187.html |
| Text | https://apps.legislature.ky.gov/recorddocuments/bill/22RS/hb187/orig_bill.pdf |
