| Last Action | to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to tax incentives to promote the increased use of Kentucky coal. |
| Bill Documents | Introduced |
| Impact Statements | Fiscal Note |
| Bill Request Number | 953 |
| Sponsor | J. DuPlessis |
| 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, relating to claims for the coal incentive tax credit. |
| Index Headings of Original Version |
Economic Development - Coal incentive tax credit to promote increased use of Kentucky coal, reestablish Energy - Coal incentive tax credit to promote increased use of Kentucky coal, reestablish Labor and Industry - Coal incentive tax credit to promote increased use of Kentucky coal, reestablish Public Utilities - Coal incentive tax credit to promote increased use of Kentucky coal, reestablish Taxation - Coal incentive tax credit, reestablish Taxation, Income--Corporate - Coal incentive tax credit, reestablish Taxation, Income--Individual - Coal incentive tax credit, reestablish Taxation, Property - Coal incentive tax credit, reestablish Taxation, Severance - Coal incentive income tax credit to promote increased use of Kentucky coal, reestablish Budget and Financial Administration - Coal incentive tax credit, reestablish Coal - Coal incentive tax credit to promote increased use of Kentucky coal, reestablish Fiscal Note - Coal incentive tax credit, reestablish |
| 01/07/17 |
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| 02/07/17 |
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Last updated: 1/16/2019 3:02 PM (EST)