Last Action | to Appropriations & Revenue (H) |
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Title | AN ACT relating to taxation. |
Bill Documents |
Bill
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Bill Request Number | 800 |
Sponsor | R. Nelson |
Summary of Original Version | Create a new section of KRS Chapter 132 and amend KRS 139.470, 141.020, and 141.040 to exempt small businesses located in a federally designated Promise Zone from state personal property taxes, sales and use taxes, and income taxes on the first $50,000 of net income. |
Index Headings of Original Version |
Economic Development - Promise Zones, tax exemption for businesses in Small Business - Taxation, exemptions from Taxation - Small businesses, tax exemption for in Promise Zones Taxation, Income--Corporate - Small businesses, tax exemption for in Promise Zones Taxation, Income--Individual - Small businesses, tax exemption for in Promise Zones Taxation, Property - Small businesses, tax exemption for in Promise Zones |
01/08/15 |
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01/09/15 |
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Last updated: 1/16/2019 3:10 PM (EST)