Senate Bill 152

Actions
Last Action 02/10/20: to Appropriations & Revenue (S)
Title AN ACT relating to the Endow Kentucky tax credit.
Bill Documents Introduced
Bill Request Number 1297
Sponsors B. Smith, D. Parrett
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 20% 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

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02/06/20
  • introduced in Senate
02/10/20
  • to Appropriations & Revenue (S)


Last updated: 3/31/2020 9:37 AM (EDT)
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