| Last Action | to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to the unemployment tax credit. |
| Bill Documents |
Bill
|
| Impact Statements | Fiscal Note |
| Bill Request Number | 452 |
| Sponsors | J. Richards, R. Huff, J. York |
| Summary of Original Version | Amend KRS 141.065 to allow an income tax credit for taxable years beginning on or after January 1, 2016, but before January 1, 2020, equal to $1,000 for employers who hire certain unemployed individuals, if the individual was employed in the coal industry immediately prior to becoming unemployed; limit the current unemployment tax credit to taxable years beginning before January 1, 2020; define the purpose of the tax credits and data required to determine if the tax credits achieve the purpose; require the Department of Revenue to provide information on these credits to the Legislative Research Commission; amend KRS 141.0205 to order the credit. |
| Index Headings of Original Version |
Fiscal Note - Hiring of coal workers, unemployment tax credit expanded Taxation - Unemployment tax credit, hiring of coal workers, expanded Taxation, Income--Corporate - Unemployment tax credit, hiring of coal workers, expanded Taxation, Income--Individual - Unemployment tax credit, hiring of coal workers, expanded Unemployment Compensation - Hiring of coal workers, unemployment tax credit expanded Coal - Hiring of coal workers, unemployment tax credit expanded |
| 12/11/15 |
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|---|---|
| 01/05/16 |
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Last updated: 1/16/2019 3:08 PM (EST)