House Bill 340

Actions
Last Action to Appropriations & Revenue (H)
Title AN ACT relating to income tax credits promoting land conservation.
Bill Documents Introduced
Impact Statements Fiscal Note
Bill Request Number 1596
Sponsor J. Kay
Summary of Original Version Create a new section of KRS Chapter 141 to establish a qualified conservation contribution income tax credit; require annual report; amend KRS 141.0205 to provide for the ordering of the credit; amend KRS 146.560 to include the Kentucky Heritage Land Conservation Fund Board in the evaluation of credit applications; amend KRS 262.908 to include the Purchase of Agricultural Conservation Easements (PACE) Corporation board in the evaluation of credit applications; amend various statutes to allow the Department of Revenue to report credit information to the Legislative Research Commission.
Index Headings of Original Version Land Use - Conservation easements, tax credits for
Taxation - Corporate income tax, credit, conservation easement contribution
Taxation - Individual income tax, credit, conservation easement contribution
Taxation, Income--Corporate - Credit, conservation easement contribution
Fiscal Note - Credit, conservation eastment contribution
Reports Mandated - Qualified conservation contribution tax credit, annual report
Taxation, Income--Individual - Credit, conservation eastment contribution

Actions

Top
02/13/17
  • introduced in House
02/15/17
  • to Appropriations & Revenue (H)


Last updated: 1/16/2019 3:02 PM (EST)