| Last Action | to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to the unemployment tax credit. |
| Bill Documents | Introduced |
| Impact Statements | Fiscal Note |
| Bill Request Number | 245 |
| Sponsor | J. Richards |
| Summary of Original Version | Amend KRS 141.065 to allow an income tax credit for taxable years beginning on or after January 1, 2017, but before January 1, 2021, 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, 2021; 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; amend KRS 131.190, 131.135, 131.618, 131.650, 131.990, 141.389, and 131.020 to make various conforming changes. |
| Index Headings of Original Version |
Fiscal Note - Unemployment tax credit, hiring of coal workers, 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 Reports Mandated - Unemployment tax credit, annual report |
| 01/03/17 |
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|---|---|
| 01/06/17 |
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Last updated: 1/16/2019 3:02 PM (EST)