Last Action | 02/08/22: to Committee on Committees (H) |
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Title | AN ACT relating to the taxation of pension income, making an appropriation therefor, and declaring an emergency. |
Bill Documents | Introduced |
Bill Request Number | 1701 |
Sponsors | R. Huff, K. Banta, J. Blanton, T. Bojanowski, A. Bowling, D. Hale, D. Lewis, S. Lewis, M. Lockett, C. Massey, B. McCool, R. Palumbo, K. Timoney, B. Wheatley |
Summary of Original Version | Amend KRS 141.019 to increase the pension income exclusion from $31,110 to $41,110; apply retroactively for taxable years beginning on or after January 1, 2018; require the Department of Revenue to automatically issue refunds; APPROPRIATION; RETROACTIVE; EMERGENCY. |
Index Headings of Original Version |
Effective Dates, Emergency - Pension income exclusion, retroactively raise Retirement and Pensions - Pension income exclusion, retroactively raise Taxation - Pension income exclusion, retroactively raise Taxation, Income--Individual - Pension income exclusion, retroactively raise Retroactive Legislation - Pension income exclusion, raise for tax years beginning on or after January 1, 2018 Appropriations - Pension income exclusion, retroactively raise |
02/08/22 |
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Last updated: 2/8/2023 2:57 PM (EST)