Last Action | 01/04/22: to Committee on Committees (H) |
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Title | AN ACT relating to veterans' income taxation. |
Bill Documents | Introduced |
Bill Request Number | 971 |
Sponsors | K. Fleming, B. McCool |
Summary of Original Version | Create a new section of KRS Chapter 141 to establish a deduction of the first year's income for veterans who remain or move into this state immediately upon exit from the Armed Forces and maintain residency in this state for a minimum of three consecutive years thereafter; amend KRS 141.019 to allow for the deduction; amend KRS 131.190 to allow reporting of the deduction by the Department of Revenue to the Legislative Research Commission. |
Index Headings of Original Version |
Taxation - Taxation, exclusion of income, veterans Taxation, Income--Individual - Exclusion of income, veterans Veterans - Exclusion of from taxation |
12/09/21 |
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01/04/22 |
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Last updated: 2/8/2023 2:57 PM (EST)