House Bill 254

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Last Action to Appropriations & Revenue (H)
Title AN ACT relating to income tax.
Bill Documents Bill
Bill Request Number 863
Sponsor T. Moore
Summary of Original Version Create a new section in KRS Chapter 141 to allow a credit to a builder equal to the state ad valorem property tax paid by the builder for a house during the first full year in which the house is completed but remains unsold; amend KRS 141.0205 to place the credit within the ordering of credits taken for income tax purposes.
Index Headings of Original Version Taxation - Home builder's credit, establish
Taxation, Income--Corporate - Home builder's credit, establish
Taxation, Income--Individual - Home builder's credit, establish

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02/04/09
  • introduced in House
02/05/09
  • to Appropriations & Revenue (H)


Last updated: 8/28/2019 8:17 AM (EDT)