05RS HB277

HB277

WWW Version

The hyperlink to a bill draft that precedes a summary contains the most recent version (Introduced/GA/Enacted) of the bill. If the session has ended, the hyperlink contains the latest version of the bill at the time of sine die adjournment. Note that the summary pertains to the bill as introduced, which is often different from the most recent version.

Includes opposite chamber sponsors where requested by primary sponsors of substantially similar bills in both chambers and jointly approved by the Committee on Committees of both chambers. Opposite chamber sponsors are represented in italics.


HB 277 (BR 1194) - J. Wayne, R. Adams, A. Arnold, T. Burch, J. Crenshaw, W. Hall, J. Jenkins, M. Marzian, R. Meeks, R. Nelson, D. Owens, K. Stein, B. Yonts

     AN ACT relating to income taxes.
     Amend KRS 141.020 to change individual income tax rates to levels ranging from 6% on incomes under $30,000 to 9% on incomes over $100,000, and to exempt from tax all individuals with incomes at or below the federal poverty level; amend KRS 141.066 to replace the low income credit with an earned income tax credit equal to 20% of the federal credit; amend KRS 141.180 to conform; make effective for tax years beginning on or after January 1, 2005.

     Feb 3-introduced in House
     Feb 4-to Appropriations and Revenue (H)


Kentucky Legislature Home Page | Record Front Page