| Last Action | to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to tax incentives to promote the increased use of Kentucky coal. |
| Bill Documents |
Bill
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| Bill Request Number | 1172 |
| Sponsors | J. DuPlessis, F. Steele |
| Summary of Original Version | Amend KRS 141.0405 to once again permit the coal incentive tax credit, which was previously allowed and which sunsetted for most types of facilities in tax year 2009; amend provisions to provide an incentive to taxpayers purchasing coal, that is subject to Kentucky severance and processing tax, for use in the generation of electricity or for certain industrial processes; provide for the sunset of the credit; make technical corrections; repeal KRS 141.0406. |
| Index Headings of Original Version |
Economic Development - Coal incentive tax credit to promote increased use of Kentucky coal, reestablishment Energy - Coal incentive tax credit to promote increased use of Kentucky coal, reestablishment Labor and Industry - Coal incentive tax credit to promote increased use of Kentucky coal, reestablishment Public Utilities - Coal incentive tax credit to promote increased use of Kentucky coal, reestablishment Taxation - Coal incentive tax credit, reestablishment Taxation - Income tax, coal incentive tax credit, reestablishment Taxation, Income--Corporate - Coal incentive tax credit, reestablishment Taxation, Income--Individual - Coal incentive tax credit, reestablishment Taxation, Property - Coal incentive tax credit, reestablishment Taxation, Severance - Coal incentive income tax credit to promote increased use of Kentucky coal, reestablishment Budget and Financial Administration - Coal incentive tax credit, reestablishment Coal - Coal incentive tax credit to promote increased use of Kentucky coal, reestablishment |
| 01/21/16 |
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| 01/25/16 |
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Last updated: 1/16/2019 3:08 PM (EST)