Kentucky
General Assembly

01/13/21	introduced in House to Committee on Committees (H)
02/04/21	to Appropriations & Revenue (H) posted in committee
02/09/21	reported favorably, 1st reading, to Calendar with Committee Substitute and committee amendment (1-title)
02/10/21	2nd reading, to Rules posted for passage in the Regular Orders of the Day for Thursday, February 11, 2021
02/22/21	floor amendment (1-title) filed
02/23/21	floor amendment (2) filed to Committee Substitute
02/24/21	3rd reading, passed 96-1 with Committee Substitute and floor amendments (2) and (1-title)
02/25/21	received in Senate to Committee on Committees (S)
03/01/21	to Appropriations & Revenue (S) taken from Appropriations & Revenue (S) 1st reading returned to Appropriations & Revenue (S)
03/02/21	taken from Appropriations & Revenue (S) 2nd reading returned to Appropriations & Revenue (S)
03/11/21	reported favorably, 2nd reading, to Rules with Committee Substitute (1) posted for passage in the Regular Orders of the Day for Thursday, March 11, 2021 3rd reading, passed 33-0 with Committee Substitute (1) received in House to Rules (H)
03/12/21	taken from Rules placed in the Orders of the Day House concurred in Senate Committee Substitute passed 89-3
03/15/21	enrolled, signed by Speaker of the House enrolled, signed by President of the Senate delivered to Governor signed by Governor (Acts Ch. 22)

Amendment	House Committee Substitute 1
Fiscal Impact Statement	Fiscal Note to House Committee Substitute 1
Summary	Amend KRS 141.017, 141.019 and 141.039 to allow for the same tax treatment as for federal purposes related to forgiven covered loans, deductions, and tax attributes associated with those loans in accordance with Pub. L. No. 116-260.
Index Headings	Taxation - Paycheck Protection Program loans Taxation, Income--Corporate - Paycheck Protection Program loans Taxation, Income--Individual - Paycheck Protection Program loans Fiscal Note - Paycheck Protection Program loans

Amendment	House Committee Amendment 1
Sponsor	J. Petrie
Summary	Make title amendment.
Index Headings	Title Amendments - HB 278

Amendment	House Floor Amendment 1
Sponsor	S. Rudy
Summary	Make title amendment.
Index Headings	Title Amendments - HB 278

Amendment	House Floor Amendment 2
Sponsor	P. Flannery
Summary	Retain original provisions of the bill; expand the federal provisions adopted to include an additional section of Pub. Law No. 116-260; modify the taxable years to which Kentucky's income tax would apply the federal provision.
Index Headings	Taxation - Paycheck protection loans Taxation, Income--Corporate - Paycheck protection loans Taxation, Income--Individual - Paycheck protection loans

Amendment	Senate Committee Substitute 1
Summary	Amend KRS 141.017, 141.019 and 141.039 to allow for the same tax treatment as for federal purposes related to forgiven covered loans, deductions, and tax attributes associated with those loans in accordance with Pub. L. No. 116-260.
Index Headings	Taxation - Paycheck Protection Program loans Taxation, Income--Corporate - Paycheck Protection Program loans Taxation, Income--Individual - Paycheck Protection Program loans