| Title | AN ACT relating to exemptions for disaster response businesses and employees. |
|---|---|
| Bill Documents | Original |
| Sponsors | M. Dossett, D. Lewis |
| Summary of Original Version | Amend sections of KRS Chapter 141 to define new terms and provide exemptions for disaster response employees and disaster response entitities from income tax beginning on or after January 1, 2021, and before January 1, 2025; amend KRS 68.180, 68.197, 91.200, and 92.300 to exclude the income of a disaster response employee and a disaster response business from local tax; amend KRS 227.480 to exclude a disaster response business from certain permit requirements; amend KRS 227A.030 to exclude disaster response employees and disaster response businesses licensed in another state from certain licensing requirements; create a new section of KRS 67.750 to 67.790 to prevent the new provisions from being construed as establishing a nexus or minimum contact for taxing purposes, except as related to disaster response business and employees for work performed during disaster response periods. |
| Index Headings |
Disasters - Exemptions for disaster response businesses and employees Licensing - Electrical contractors, exemption for disaster response businesses Licensing - Electricians, exemption for disaster response employees Taxation - Income tax, exemption for disaster response businesses and employees Taxation - Occupational tax, exemption for disaster response businesses and employees Taxation, Income--Corporate - Exemption for disaster response businesses Taxation, Income--Individual - Exemption for disaster response businesses and employees |
| 11/09/20 | Prefiled by the sponsor(s). |
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Last updated: 1/4/2021 4:38 PM (EST)
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