Last Action | to Appropriations & Revenue (H) |
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Title | AN ACT relating to a tax credit for donated edible agricultural products. |
Bill Documents | Introduced |
Impact Statements | Fiscal Note |
Bill Request Number | 1072 |
Sponsors | B. Reed, P. Pratt, M. Hart, K. King, J. Sims Jr, J. Tipton |
Summary of Original Version | Amend KRS 141.392 to increase the amount of tax credit available for donating edible agricultural products to nonprofit food programs from 10% of the value of the donated products to 20%; extend the tax credit program four additional years; state the purpose of the credit; require reporting; amend KRS 131.190 to allow the Department of Revenue to report information to the Legislative Research Commission; amend KRS 131.135, 131.618, 131.650, 131.990, 141.389, and 131.020 to conform. |
Index Headings of Original Version |
Taxation - Corporation Income Tax, food donation tax credit, extension of Taxation - Individual income tax, food donation tax credit, extension of Taxation - Limited liability entity tax, food donation credit, extension of Taxation, Income--Corporate - Food donation tax credit, extension of Taxation, Income--Individual - Food donation tax credit, extension of Agriculture - Food donation tax credit, extension of Charitable Organizations and Institutions - Food donation tax credit, extension of Fiscal Note - Food donation tax credit, extension of |
02/07/17 |
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02/09/17 |
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Last updated: 1/16/2019 3:02 PM (EST)