KY HB258 | 2014 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 24 2014 - 25% progression, died in committee
Action: 2014-01-27 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Status: Introduced on January 24 2014 - 25% progression, died in committee
Action: 2014-01-27 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Summary
Amend KRS 171.397 to alter the application and approval process for the income tax credit for qualified rehabilitation expenses, to make the credit fully refundable, and to remove the cap on annual credit amount; amend KRS 141.0205 to recognize the change in the credit.
Title
AN ACT relating to tax credits for rehabilitation of certified historic structures.
Sponsors
| Rep. Susan Westrom [D] | Sen. Julie Raque Adams [R] | Rep. Dwight Butler [R] | Rep. Jim Gooch [R] |
| Rep. Sannie Overly [D] | Rep. Gregory Stumbo [D] | Rep. Brent Yonts [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-01-27 | House | to Appropriations & Revenue (H) |
| 2014-01-24 | House | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/14RS/HB258.htm |
| Text | http://www.lrc.ky.gov/record/14RS/HB258/bill.doc |
| Supplement | http://www.lrc.ky.gov/record/14RS/HB258/FN.doc |
