House Bill 125

Actions
Last Action 01/04/22: to Committee on Committees (H)
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

Actions

Top
12/09/21
  • Prefiled by the sponsor(s).
01/04/22
  • introduced in House
  • to Committee on Committees (H)


Last updated: 5/25/2022 2:58 PM (EDT)
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