Last Action | 01/07/20: to Appropriations & Revenue (H) |
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Title | AN ACT relating to the taxation of pension income, making an appropriation therefor, and declaring an emergency. |
Bill Documents | Introduced |
Fiscal Impact Statement | Fiscal Note |
Bill Request Number | 215 |
Sponsors | R. Huff, D. Bentley, J. Blanton, T. Bojanowski, T. Branham Clark, K. Bratcher, R. Brenda, M. Dossett, J. Graviss, D. Hale, C. Harris, M. Hart, J. Jenkins, K. King, N. Kulkarni, D. Lewis, S. Lewis, C. Massey, C. Miller, P. Pratt, M. Prunty, S. Riley, R. Rothenburger, B. Rowland, D. Schamore, J. Stewart III, W. Thomas |
Summary of Original Version | Amend KRS 141.019 to increase the pension income exclusion from $31,110 to $41,110; apply retroactively for taxable years beginning on or after January 1, 2018; require the Department of Revenue to automatically issue refunds; APPROPRIATION; EMERGENCY. |
Index Headings of Original Version |
Fiscal Note - Pension income exclusion, retroactively raise Effective Dates, Emergency - Pension income exclusion, retroactively raise Fiscal Note - Pension income exclusion, retroactively raise Retirement and Pensions - Pension income exclusion, retroactively raise Taxation - Pension income exclusion, retroactively raise Taxation, Income--Individual - Pension income exclusion, retroactively raise Retroactive Legislation - Pension income exclusion, raise for tax years beginning on or after January 1, 2018 Appropriations - Pension income exclusion, retroactively raise |
08/05/19 |
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01/07/20 |
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Last updated: 10/27/2020 12:10 PM (EDT)
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