HB 251/FN (BR 1095) - J. Wayne, R. Rand
AN ACT relating to corporation tax credits.
Create a new section of KRS Chapter 141 to define terms; establish a nonrefundable community rehabilitation credit program; establish maximum amount of credit allowed per corporation per tax year; amend KRS 141.0205 to establish the order in which the credit is applied against tax imposed by KRS 141.040; apply nonrefundable tax credit for tax years beginning on or after January 1, 2007.
Jan 6-introduced in House
Jan 9-to Appropriations and Revenue (H)