22RS HB 711

Actions

Last Action	03/01/22: to Committee on Committees (H)
Title	AN ACT relating to a tax credit for volunteer firefighters.
Bill Documents	Introduced
Bill Request Number	1708
Sponsor	A. Tackett Laferty
Summary of Original Version	Create a new section of KRS Chapter 141 to establish a refundable income tax credit for certain volunteer firefighters; declare the purpose of the credit; require annual reporting to the Legislative Research Commission to evaluate the impact of the credit; amend KRS 141.0205 to provide the ordering of the credit; amend KRS 131.190 to allow confidential tax return information to be shared with the Legislative Research Commission.
Index Headings of Original Version	Firefighters and Fire Departments - Volunteer firefighters, income tax credit Taxation - Volunteer firefighters, income tax credit Taxation, Income--Individual - Volunteer firefighters, tax credit Reports Mandated - Active volunteer firefighter tax credit, annual report