House Bill 518

Last Action to Appropriations & Revenue (H)
Title AN ACT relating to taxation.
Bill Documents Introduced
Impact Statements Fiscal Note
Bill Request Number 1421
Sponsor D. Keene
Summary of Original Version Create a new section of KRS Chapter 141 to provide the state abandoned building income tax credit and require reporting by the Department of Revenue to the Legislative Research Commission; amend KRS 141.0205 to order the credit; amend various sections of KRS Chapters 131 and 141 to conform with the reporting requirements and make technical corrections; amend KRS 154.32-080 to allow a preliminarily approved company also qualifying for the abandoned building tax credit, with an investment of $1 million or more, to also request an advance disbursement.
Index Headings of Original Version Fiscal Note - Abandoned building credit, creation of
Economic Development - Abandoned building credit, Kentucky business investment program, advance disbursements
Taxation - Income tax, abandoned building credit, creation of
Taxation, Income--Corporate - Abandoned building credit, creation of
Taxation, Income--Individual - Abandoned building credit, creation of


  • introduced in House
  • to Appropriations & Revenue (H)

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