| 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 |
| 02/13/17 |
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|---|---|
| 02/15/17 |
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Last updated: 1/16/2019 3:02 PM (EST)