KY HB86 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 5 2016 - 25% progression, died in chamber
Action: 2016-01-05 - to Appropriations & Revenue (H)
Text: Latest bill text (Draft #3) [PDF]
Status: Introduced on January 5 2016 - 25% progression, died in chamber
Action: 2016-01-05 - to Appropriations & Revenue (H)
Text: Latest bill text (Draft #3) [PDF]
Summary
Amend KRS 141.066 and 141.0205 to implement a Kentucky earned income tax credit; amend KRS 141.200 to require combined reporting of business income; amend KRS 141.120 to implement a throwback rule for income not taxed elsewhere and to provide sourcing of certain sales; amend KRS 141.205 to disallow tax haven transactions and require disclosure of all reportable transactions; amend KRS 136.310, 136.530, 141.040, 141.0401, 141.121, 141.206, and 141.420 to conform; provide that the Act applies to taxable years beginning on or after January 1, 2016.
Title
AN ACT relating to taxation.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-01-05 | House | to Appropriations & Revenue (H) |
| 2016-01-05 | House | introduced in House |
| 2015-11-13 | House | Prefiled by the sponsor(s). |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/16RS/HB86.htm |
| Text | http://www.lrc.ky.gov/record/16RS/HB86/bill.doc |
| Text | http://www.lrc.ky.gov/record/16RS/HB86/bill.pdf |
