| Last Action | to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to tax credits promoting research and development at Kentucky public universities. |
| Bill Documents |
Bill
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| Impact Statements | Fiscal Note |
| Bill Request Number | 423 |
| Sponsor | J. Richards |
| Summary of Original Version | Amend KRS 141.395 to establish a qualified research income tax credit for certain research expenses paid or incurred by the taxpayer to a Kentucky public university; declare purpose of the credit and require annual reporting to the Legislative Research Commission to enable the impact of the credit to be evaluated; sunset the tax credit currently permitted for the construction of research facilities; provide for the ordering of the credit; declare short title of the Act to be the Kentucky University Research and Development Advancement Act of 2016. |
| Index Headings of Original Version |
Short Titles and Popular Names - Kentucky University Research and Development Advancement Act of 2016 Economic Development - Research and development, tax credit to promote Education, Higher - Research and development at public universities, tax credit to promote General Assembly - Research and development tax credit, reports to legislature to enable evaluation Legislative Research Commission - Research and development tax credit, reports to legislature to enable evaluation Public Records and Reports - Research and development tax credit, reports to legislature to enable evaluation Research and Methods - Research and development, tax credit to promote Science and Technology - Research and development, tax credit to promote Taxation - Research and development, tax credit to promote Taxation, Income--Corporate - Research and development, tax credit to promote Taxation, Income--Individual - Research and development, tax credit to promote Universities and Colleges - Research and development at public universities, tax credit to promote Reports Mandated - Qualified research income tax credit, annual report Fiscal Note - Research and development at public universities, tax credit to promote |
| 12/11/15 |
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| 01/05/16 |
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Last updated: 1/16/2019 3:08 PM (EST)