HB 513 (BR 1426) - J. Arnold Jr., T. Firkins
AN ACT relating to income tax.
Amend KRS 141.010 to clarify the definition of "captive real estate investment trust" and disallow the deduction for expenses paid by an individual or a corporation to a captive real estate investment trust; amend KRS 141.0101 to conform; apply to taxable years beginning on or after January 1, 2009.
Feb 23-introduced in House
Feb 24-to Appropriations & Revenue (H)