| Last Action | 02/24/20: to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to the Endow Kentucky tax credit. |
| Bill Documents | Introduced |
| Bill Request Number | 2011 |
| Sponsors | M. Hart, J. Graviss |
| Summary of Original Version | Amend KRS 141.438 to provide definitions; expand the Endow Kentucky tax credit cap to $5 million annually instead of the current tax credit cap of $1 million annually; provide that 2 percent of the tax credit cap is reserved for foundations and funds that exclusively serve rural counties; require reporting by the Department of Revenue; amend KRS 131.190 to conform. |
| Index Headings of Original Version |
Taxation - Income tax, Endow Kentucky tax credit cap, expansion of Taxation, Income--Corporate - Endow Kentucky tax credit cap, expansion of Taxation, Income--Individual - Endow Kentucky tax credit cap, expansion of |
| 02/21/20 |
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|---|---|
| 02/24/20 |
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Last updated: 10/27/2020 12:10 PM (EDT)
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