| Last Action | 02/04/25: to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to individual income tax exclusions. |
| Bill Documents | Introduced |
| Fiscal Impact Statement | Fiscal Note |
| Bill Request Number | 276 |
| Sponsors | P. Flannery, D. Gordon, P. Griffee, D. Grossberg, V. Grossl, J. Hodgson, T. Huff, C. Lewis, F. Rabourn, T. Roberts, M. Whitaker, R. White |
| Summary of Original Version | Amend KRS 141.010 to define "tips" and "overtime compensation"; amend KRS 141.019 to allow an exclusion from gross income for tax purposes for tips and overtime compensation; amend KRS 141.335 to include tips and overtime compensation amounts on employee withholding statement; amend KRS 131.190 to allow the Department of Revenue to report on the exclusions. |
| Index Headings of Original Version |
Labor and Industry - Income tax exclusions, tips and overtime compensation Taxation - Income tax exclusions, tips and overtime compensation Taxation, Income--Individual - Exclusions, tips and overtime compensation Wages and Hours - Income tax exclusions, tips and overtime compensation Reports Mandated - Department of Revenue, income tax, tips and overtime compensation exclusions Workforce - Income tax exclusions, tips and overtime compensation Fiscal Note - Income tax exclusions, tips and overtime compensation |
| 01/07/25 |
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| 02/04/25 |
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Last updated: 7/24/2025 3:26 PM (EDT)