Last Action | 02/02/18: to Appropriations & Revenue (H) |
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Title | AN ACT relating to home modification tax credits. |
Bill Documents | Introduced |
Bill Request Number | 231 |
Sponsors | M. Prunty, D. Bentley, K. Flood, A. Gentry, D. Graham, A. Wuchner |
Summary of Original Version | Create a new section of KRS Chapter 141 to allow an income tax credit for qualified home modification expenses incurred by an individual equal to the actual cost of the home modifications, up to $7,500 per taxpayer per year; limit total credits to $500,000 per year; require reporting by the Department of Revenue; amend KRS 141.0205 to order the tax credit, amend various sections of KRS Chapter 131 and 141 to make technical corrections. |
Index Headings of Original Version |
Disabilities and the Disabled - Individual income tax, home modification credit Taxation - Individual income tax, home modification credit Taxation, Income--Individual - Home modification credit |
01/31/18 |
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02/02/18 |
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Last updated: 9/1/2020 2:57 PM (EDT)
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