House Bill 696

Actions
Last Action 03/01/22: to Committee on Committees (H)
Title AN ACT relating to a tax credit for renters.
Bill Documents Introduced
Bill Request Number 2051
Sponsor P. Stevenson
Summary of Original Version Create a new section of KRS Chapter 141 to establish a refundable renter tax credit for taxable years beginning on or after January 1, 2023, but before January 1, 2027, in the amount of 25 percent of the qualified rent payments made during the taxable year, not to exceed $1,000; amend KRS 141.0205 to order the tax credit; amend KRS 131.190 to allow reporting by the Department of Revenue.
Index Headings of Original Version Landlord and Tenant - Qualified rent payments, income tax credit
Taxation - Qualified rent payments, income tax credit
Taxation, Income--Individual - Qualified rent payments, tax credit

Actions

Top
03/01/22
  • introduced in House
  • to Committee on Committees (H)


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